Santa Rosa County Property Appraiser
Greg S. Brown IICFA
| 04-1N-28-0000-09601-0000 |
| 6564 CAROLINE ST, MILTON, 32570 |
| RETAIL - MULTI-TENANT (001611) |
| 04-1N-28 |
| MILTON |
| 13.4261 |
| 4.988 |
| *DESCRIPTION UPDATED FOR 2021* BEING A PORT OF THE FOLLOWING DES: COM SW COR OF NE4 OF SW4 OF SECTION 4 TOWNSHIP 1 NORTH RANGE 28 WEST THN S88*33'24"E 798.53 FT FOR POB THN GO N43*33'24"W 466 FT THN N88*33' 27"W 475 FT TO W LN NE4 OF SE4 OF SAID SEC THN N01*26'33"E 330 FT THN S88*37'41"E 1185 FT S01*22'42"W 364.16 FT TO A PT ON CURV(R=2989.79 FT DA=01*03' 58" CHB=S57*36'50"W) CONT WLY 55.63 ARC FT. SAID CURV BEING ALNG N R/W US HWY 90 THN N 26*26'17"W 118.58 FT THN N36*38'21"W 23.40 FT THN S53*21'39"W 111 FT THN S36*38'21"E 135.62 FT TO SAID R/W HWY 90 THN CONT ALNG CURV (R=2989.79 FT DA=06*28'16" CHB =S52*07'06"W) 337.67 ARC FT TO POB AS DES IN OR 4136 PG 2074 & LESS OR 3689 PG 1259 (BEING ALL OF #96) |
| GATEWAY PLAZA OF MILTON LLC |
| 14710 INNERARITY POINT RD |
| PENSACOLA, FL 32507-8451 |
| 2024 Certified | 2025 Certified | 2026 Certified | |
|---|---|---|---|
| Building Value | $1,264,170 | $1,298,836 | $1,298,836 |
| Extra Feature Value | $177,576 | $177,576 | $177,575 |
| Land Value | $1,082,056 | $1,082,056 | $1,082,056 |
| Land Agricultural Value | $0 | $0 | $0 |
| Agricultural (Market) Value | $0 | $0 | $0 |
| Just (Market) Value | $2,523,802 | $2,558,468 | $2,558,467 |
| Co. Assessed Value | $2,523,802 | $2,558,468 | $2,558,467 |
| Exempt Value | $0 | $0 | $0 |
| Co. Taxable Value | $2,523,802 | $2,558,468 | $2,558,467 |
| Type | MULTI-TENANT RETAIL |
|---|---|
| Total Area | 55416 |
| Heated Area | 49538 |
| Exterior Walls | CONCRETE BLOCK, STUCCO - OVER BLOCK |
| Roof Cover | BUILT-UP |
| Interior Walls | PLYWOOD, DRYWALL |
| Foundation | BLOCK/MASONRY |
| Frame | MASONRY |
| Floor | VINYL ASPHALT, CARPET |
| Heat Type | FORCED AIR DUCT |
| A/C Type | CENTRAL |
| Bathrooms | 19 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 1961 |
| Effective Year Built | 1981 |
Current Traverse
Use: MULTI-TENANT RETAIL (001611)
| Effective Rate | Replacement Cost |
|---|---|
| 71.936 | $3,710,962 |
| Normal | 65% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 35% |
| Replacement Cost New Less Depreciation (RCNLD) | $1,298,836 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Land Code | Description | Frontage | Depth | Unit Type | Land Units | Land Value |
|---|---|---|---|---|---|---|
| 001600 | SHOPPING CENTER - COMMUNITY | 0 | SF | 215991.29 | $1,079,956 | |
| 004800 | WAREHOUSE | 0 | AC | 0.03 | $2,100 |
| Source | Code | Description |
|---|---|---|
| City of Milton | C-2 | General Commercial |
| BILLBOARD | 1 | 1 UT | 2008 | $2,500 |
| FLOOD LIGHTS | 1 | 20 UT | 2002 | $10,000 |
| LIGHT POLE | 1 | 5 SF | 1986 | $2,500 |
| PAVEMENT | 1 | 123660 SF | 1986 | $154,575 |
| SIGN | 1 | 1 UT | 2002 | $3,000 |
| SITE IMPROVEMENT | 1 | 1 UT | 2020 | $5,000 |
| Multi-Parcel | Sale Date | Sale Price | Instrument | Book / Page | Qualification | Sale Type | Grantor | Grantee |
|---|---|---|---|---|---|---|---|---|
| Y | 06/17/2021 | $3,100,000 | WD | 4136/20744136 / 2074 | Q | I | JALUIT PROPERTIES I LLC | GATEWAY PLAZA OF MILTON LLC |
| Y | 09/24/2014 | $2,000,000 | WD | 3375/5653375 / 565 | Q | I | SPENCER BROTHERS LLC/JE SPENCER RESOURCES LLC | JALUIT PROPERTIES I LLC |
| Y | 09/10/2014 | $100 | QD | 3375/5463375 / 546 | U | I | GATEWAY PLAZA INC (DISSOLVED CORP) | SPENCER BROTHERS LLC/JE SPENCER RESOURCES LLC |
| Y | 08/26/2014 | $100 | QD | 3370/16163370 / 1616 | U | I | SPENCER JAMES & LAWRENCE INDV & TRUSTEES | SPENCER BROTHERS LLC & JE SPENCER RESOURCES |
| Y | 08/21/2014 | $100 | QD | 3370/16253370 / 1625 | U | I | COLE KATHLEEN S & SPENCER SUZANNE C HEIRS | SPENCER BROTHERS LLC & JE SPENCER RESOURCES |
| Y | 08/20/2014 | $100 | QD | 3370/16303370 / 1630 | U | I | HOBBS SARAH S (INDV) | SPENCER BROTHERS LLC & JE SPENCER RESOURCES |
| Y | 08/19/2014 | $100 | QD | 3370/16343370 / 1634 | U | I | NOLAN CARRIE J SPENCER (FKA CARRIE J SPENCER | SPENCER BROTHERS LLC & JE SPENCER RESOURCES |
| Y | 08/18/2014 | $100 | QD | 3370/16213370 / 1621 | U | I | SPENCER DONALD C PR OF CHARLES H SPENCER EST | SPENCER BROTHERS LLC & JE SPENCER RESOURCES |
| Y | 12/01/2011 | $100 | WD | 3097/5823097 / 582 | U | I | SPENCER CHARLES H & WILLIAM CLIFTON 1/3 EACH | SPENCER BROTHERS LLC (2/3 INT TOTAL) |
| Y | 12/28/2009 | $100 | WD | 2950/2772950 / 277 | U | I | SPENCER JAMES W & HOBBS & NOLAN & SPENCER | J E SPENCER RESOURCES LLC (1/3 INT TOTAL) |
| Y | 07/27/2007 | $100 | WD | 2764/14842764 / 1484 | U | I | SPENCER C H FORMER PRES OF GATEWAY PLAZA INC | SPENCER CH,WC,JW,HOBBS S,CARRIE J,LAWRENCE |
| N | 06/20/2007 | $100 | WD | 2764/14722764 / 1472 | U | I | SPENCER CH,WC,JW CO-TRSTS GATEWAY PLAZA TRST | SPENCER CH,WC,JW,HOBBS S,CARRIE J,LAWRENCE |
| N | 12/01/1995 | $100 | QD | 1510/3791510 / 379 | U | I | SPENCER CH,WC,JW,HOBBS S CO-PR OF JE ESTATE & | SPENCER CH,WC,JW CO-TRSTS GATEWAY PLAZA TRST |
| N | 08/01/1991 | $100 | QD | 1193/5501193 / 550 | U | I | SPENCER, WC,CH,JE | GATEWAY PLAZA INC |
| N | 07/01/1991 | $100 | CT | 1183/6701183 / 670 | U | I | CLERK OF COURT/FSC INVESTORS III INC ET AL | SPENCER WC,CH,JE DBA SPENCER BROTHERS |
| N | 12/01/1986 | $100 | WD | 853/428853 / 428 | U | I | GATEWAY PLAZA INC/SPENCER WC,CH,JE (BROTHERS) | FSC INVESTORS INC (CORRECTIVE) |
| N | 07/01/1985 | $1,000,000 | WD | 754/459754 / 459 | Q | I | GATEWAY PLAZA INC/SPENCER WC,CH,JE (BROTHERS) | FSC INVESTORS III INC |
| Y | $100 | WD | 843/683843 / 683 | U | V | GATEWAY PLAZA INC/SPENCER WC,CH,JE (BROTHERS) | FSC INVESTORS INC |