LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/15/2025 3:08 PM Current Working Values
SITE ADDRESS
1519/1523 NE PINE ISLAND RD
OWNER'S NAME
FAT DEER KEY LLC
OWNER'S ADDRESS
PO BOX 143914
CORAL GABLES FL 33114
PROPERTY DESCRIPTION
CAPE CORAL COMMONS
AS DESC IN 2020000178494
BLK B LOT 2
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
57-301.0
PINE ISLAND RD CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 8 DEC WALL COVER
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 9 PINE/LAMINATE/LUXURY VINYL
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
UNITS IN BUILDING UNITS 5.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2022 6,177 100 6,177   789,925
FINISHED OPEN PORCH 2022 684 30 205   26,216
RESTAURANT - AVERAGE 2022 5,663 110 6,229   796,574
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 12,524 12,611 1,612,715
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
1 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 26900.00 4.00 1.00 L 2022 2.00 0.96 - 103,296
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 12524.00 2.40 1.00 B 2022 2.00 0.96 - 28,855
3 WALL DC WALL - DECORATIVE - C.B.S. 6.00 44.00 264.00 18.92 1.00 L 2022 2.00 0.96 - 4,795
4 PVMT C PAVEMENT - CONCRETE 0.00 0.00 3270.00 5.51 1.00 L 2022 1.00 0.98 - 17,657
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 154,603
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR CC 0 0 1.00 1.00 0 15.00 138,172.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,072,580
FOLIO ID: 10599679 STRAP: 06-44-24-C3-0100B.0020
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.96 154.00 147.84 12,611 1,864,410 87% 1,612,715
IMP TYPE 39 - Shopping Center - Community MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2023000285363 8/23/2023 01 31 I 14,750,000
2020000039106 2/7/2020 05 05 I 4,250,000
2020000035855 2/7/2020 05 05 V 451,500
2020000035799 2/7/2020 05 05 V 308,200
2020000035844 2/7/2020 03 03 V 103,800
2020000039093 2/7/2020 03 03 V 80,000
2020000035872 2/7/2020 03 03 V 69,500
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 3,203,434 3,324,618
BUILDING EXTRA FEATURES 57,710 58,912
LAND EXTRA FEATURES 272,706 278,134
LAND VALUE 2,072,580 2,072,580
COST APPROACH VALUE 5,606,430 5,734,244
INCOME APPROACH VALUE 5,459,545 5,459,545
SALES APPROACH VALUE 5,500,779 5,459,545
MARKET VALUE 5,500,779 5,459,545
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/15/2025 3:08 PM Current Working Values
SITE ADDRESS
1519/1523 NE PINE ISLAND RD
OWNER'S NAME
FAT DEER KEY LLC
OWNER'S ADDRESS
PO BOX 143914
CORAL GABLES FL 33114
PROPERTY DESCRIPTION
CAPE CORAL COMMONS
AS DESC IN 2020000178494
BLK B LOT 2
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
57-301.0
PINE ISLAND RD CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 8 DEC WALL COVER
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 9 PINE/LAMINATE/LUXURY VINYL
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
UNITS IN BUILDING UNITS 5.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2022 8,040 100 8,040   1,028,168
FINISHED OPEN PORCH 2022 585 30 176   22,507
RESTAURANT - AVERAGE 2022 3,747 110 4,122   527,128
UNFINISHED OPEN PORCH 2024 504 20 101   12,916
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 12,876 12,439 1,590,719
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
1 PVMT C PAVEMENT - CONCRETE 0.00 0.00 1180.00 5.51 1.00 L 2022 1.00 0.98 - 6,372
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 35380.00 4.00 1.00 L 2022 2.00 0.96 - 135,859
3 WALL CB WALL - CONCRETE BLOCK 6.00 58.00 348.00 14.15 1.00 L 2022 2.00 0.96 - 4,727
4 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 12524.00 2.40 1.00 B 2022 2.00 0.96 - 28,855
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 175,813
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR CC 0 0 1.00 1.00 0 15.00 138,172.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,072,580
FOLIO ID: 10599679 STRAP: 06-44-24-C3-0100B.0020
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.96 154.00 147.84 12,439 1,838,982 87% 1,590,719
IMP TYPE 39 - Shopping Center - Community MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024