Santa Rosa County Property Appraiser
Greg S. Brown IICFA
| 11-1N-29-0000-03000-0000 |
| 4612 HIGHWAY 90, PACE, 32571 |
| RETAIL - MULTI-TENANT (001611) |
| 11-1N-29 |
| PACE |
| 11.3781 |
| 1.393 |
| COMM AT THE SW CORNER OF SECTION 11, TOWNSHIP 1 NORTH, RANGE 29 WEST, SANTA ROSA COUNTY, FLORIDA; THENCE GO NORTH 02 DEGREES 34 MINUTES 52 SECONDS EAST ALONG THE WEST LINE OF THE AFORESAID SECTION 11 A DISTANCE OF 655.62 FEET; THENCE GO SOUTH 87 DEGREES 41 MINUTES 49 SECONDS EAST A DISTANCE OF 57.10 FEET TO THE EASTERLY RIGHT OF WAY LINE OF EAST SPENCERFIELD ROAD (R/W WIDTH UNDETERMINED); THENCE GO SOUTH 02 DEGREES 34 MINUTES 52 SECONDS WEST ALONG THE EASTERLY RIGHT OF WAY LINE A DISTANCE OF 220.00 FEET TO THE POINT OF BEGINNING; THENCE GO SOUTH 87 DEGREES 41 MINUTES 49 SECONDS EAST A DISTANCE OF 357.99 FEET; THENCE GO SOUTH 02 DEGREES 34 MINUTES 52 SECONDS WEST A DISTANCE OF 338.50 FEET TO THE NORTHERLY RIGHT OF WAY LINE OF U.S. HIGHWAY 90 (150' R/W); THENCE GO NORTH 87 DEGREES 41 MINUTES MINUTES 49 SECONDS WEST ALONG SAID RIGHT OF WAY A DISTANCE OF 222.99 FEET TO THE SOUTHEAST CORNER OF O.R. BOOK 787, AT PAGE 443, OF THE PUBLIC RECORDS OF SANTA ROSA COUNTY, FLORIDA; THENCE DEPARTING THE AFORESAID NORTHERLY RIGHT OF WAY LINE GO NORTH 02 DEGREES 34 MINUTES 52 SECONDS EAST ALONG THE EAST LINE OF O.R. BOOK 787, AT PAGE 443, A DISTANCE OF 200.00 FEET; THENCE NORTH 87 DEGREES 41 MINUTES 49 SECONDS WEST 135.00 FEET TO THE EASTERLY RIGHT OF WAY LINE OF EAST SPENCERFIELD ROAD (R/W WIDTH UNDETERMINED); THENCE GO NORTH 02 DEGREES 34 MINUTES 53 SECONDS EAST A DISTANCE OF 138.50 FEET TO THE POB AS DES IN OR 3601 PG 167 & LESS #30.4 CREATED BY THE LESS AND EXCEP T IN OR 4102 380 |
| IDEAL PACE HOLDINGS LLC |
| 1931 CORDOVA RD PMB 22O |
| FT LAUDERDALE, FL 33316-2157 |
| 2024 Certified | 2025 Certified | 2026 Certified | |
|---|---|---|---|
| Building Value | $715,841 | $799,251 | $787,701 |
| Extra Feature Value | $69,000 | $69,000 | $69,000 |
| Land Value | $559,259 | $559,259 | $559,259 |
| Land Agricultural Value | $0 | $0 | $0 |
| Agricultural (Market) Value | $0 | $0 | $0 |
| Just (Market) Value | $1,344,100 | $1,427,510 | $1,415,960 |
| Co. Assessed Value | $1,344,100 | $1,427,510 | $1,415,960 |
| Exempt Value | $0 | $0 | $0 |
| Co. Taxable Value | $1,344,100 | $1,427,510 | $1,415,960 |
| Type | MULTI-TENANT RETAIL |
|---|---|
| Total Area | 6332 |
| Heated Area | 3809 |
| Exterior Walls | STUCCO - OVER BLOCK, STONE |
| Roof Cover | BUILT-UP |
| Interior Walls | CUSTOM |
| Foundation | BLOCK/MASONRY |
| Frame | WOOD FRAME |
| Floor | CLAY/CERAMIC TILE, MARBLEIZED CONCRETE |
| Heat Type | FORCED AIR DUCT |
| A/C Type | CENTRAL |
| Bathrooms | 5 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 1979 |
| Effective Year Built | 2009 |
Current Traverse
Use: MULTI-TENANT RETAIL (001611)
| Effective Rate | Replacement Cost |
|---|---|
| 193.182 | $923,990 |
| Normal | 14.75% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 85.25% |
| Replacement Cost New Less Depreciation (RCNLD) | $787,701 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Land Code | Description | Frontage | Depth | Unit Type | Land Units | Land Value |
|---|---|---|---|---|---|---|
| 002300 | FINANCIAL | 123 | 05 | FF | 122.9 | $482,259 |
| 002300 | FINANCIAL | 140 | FF | 140 | $77,000 |
| Source | Code | Description |
|---|---|---|
| County | HCD | Highway Commercial Development |
| ASPHALT | 1 | 46000 UT | 2017 | $57,500 |
| FLOOD LIGHTS | 1 | 12 UT | 1994 | $6,000 |
| LIGHT POLE | 1 | 6 UT | 1994 | $3,000 |
| SIGN | 1 | 1 UT | 2017 | $2,500 |
| Multi-Parcel | Sale Date | Sale Price | Instrument | Book / Page | Qualification | Sale Type | Grantor | Grantee |
|---|---|---|---|---|---|---|---|---|
| N | 04/09/2021 | $1,490,000 | SW | 4102/3804102 / 380 | Q | I | PACE HWY 90 VENTURES LLC | IDEAL PACE HOLDINGS LLC |
| N | 02/21/2017 | $890,000 | WD | 3601/1673601 / 167 | Q | I | PCL INVESTMENT COMPANY LLC | PACE HWY 90 VENTURES LLC |
| N | 08/05/2013 | $449,000 | WD | 3278/283278 / 28 | U | I | REGIONS BANK F/K/A SANTA ROSA STATE BANK | PCL INVESTMENT COMPANY LLC |
| N | 12/17/1975 | $100 | WD | 350/400350 / 400 | U | V | GOLDEN ALBERT & JEWELL | CHURCH OF THE LIVING GOD INC |
| N | 01/04/1950 | $100 | WD | 79/53279 / 532 | U | V | SPENCER J A & CARRIE | EVANS CLIFFORD & RUTH |