LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/25/2025 6:07 AM Current Working Values
SITE ADDRESS
14561 PALM BEACH BLVD
OWNER'S NAME
REAL SUB LLC
OWNER'S ADDRESS
PO BOX 32018
LAKELAND FL 33802
PROPERTY DESCRIPTION
PARL S OF SR 80 DESC IN INSTRUMENT 2020000285932
RIVERDALE SHOPPING CENTER
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
54-201.0
PALM BCH E OF ORANGE RIVER
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 11 SLATE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 8 DEC WALL COVER
INTERIOR FLOOR 7 VINYL TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2021 46,131 100 46,131   6,423,239
FINISHED LOADING PLATFORM 2021 1,071 30 321   44,696
FINISHED OPEN PORCH 2021 2,566 30 770   107,214
FINISHED UTILITY 2021 75 50 38   5,291
UNFINISHED LOADING PLATFORM 2021 2,171 15 326   45,392
   
   
   
   
   
   
   
   
   
   
   
TOTALS 52,014 47,586 6,625,832
          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 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 3.00 1,500.00 1.00 B 2021 2.00 0.94 - 4,230
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 118390.00 4.00 1.00 L 2021 2.00 0.94 - 445,146
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 449,376
                  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 8.00 239,972.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,919,776
FOLIO ID: 10600656 STRAP: 28-43-26-00-00010.003E
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.07 143.00 153.01 47,586 7,281,134 91% 6,625,832
IMP TYPE 42 - Supermarket MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000219259 7/1/2022 01 30 I 14,575,000
2020000285932 11/18/2020 01 05 I 2,750,000
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 7,270,921 8,225,506
BUILDING EXTRA FEATURES 4,230 4,320
LAND EXTRA FEATURES 445,146 454,618
LAND VALUE 1,919,776 1,919,776
COST APPROACH VALUE 9,640,073 10,604,220
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 6,389,173 8,440,581
MARKET VALUE 6,389,173 8,440,581
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/25/2025 6:07 AM Current Working Values
SITE ADDRESS
14561 PALM BEACH BLVD
OWNER'S NAME
REAL SUB LLC
OWNER'S ADDRESS
PO BOX 32018
LAKELAND FL 33802
PROPERTY DESCRIPTION
PARL S OF SR 80 DESC IN INSTRUMENT 2020000285932
RIVERDALE SHOPPING CENTER
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
54-201.0
PALM BCH E OF ORANGE RIVER
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 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 3.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2021 3,757 100 3,757   621,277
FINISHED OPEN PORCH 2021 330 30 99   16,371
FINISHED UTILITY 2021 89 50 45   7,441
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 4,176 3,901 645,090
          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
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  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 8.00 239,972.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,919,776
FOLIO ID: 10600656 STRAP: 28-43-26-00-00010.003E
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.18 154.00 181.72 3,901 708,890 91% 645,090
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