Possible over-assessment

2217 Andrea Ln

Fort Myers, 33912 · Lee County, Florida · industrial property · 9,900 sq ft · Fla. Stat. s.193.011(8)

$43,807estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Lee public rollFlorida
Current assessment$3,828,208
What the comparable sales support$1,522,580
Estimated over-assessment$2,305,628 · 60.2%
Comparable basis$181/SF
Estimated tax saved / year$43,807

Straight from the public Florida roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable sales behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public sale figures matter.

Comparable sale $/SFAdjusted $/SFSizeBuilt
$109$11311,512 SF2006
$141$1377,116 SF2002
$147$15012,267 SF2002
$171$1628,765 SF1994
$176$1779,160 SF2005
$190$1859,228 SF1998
$243$23910,100 SF1999
$243$2408,946 SF2001

Why this is the lever

Fla. Stat. s.193.011(8)

Under s.193.011(8), Just Value must be net of the usual and reasonable costs of sale (customarily ~15%). Where an assessment meets or exceeds the gross price comparable properties actually sold for, it cannot reflect net-of-cost just value, and the Value Adjustment Board can reduce it.

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