Santa Rosa County Property Appraiser
Greg S. Brown IICFA
| 18-1N-28-0000-03400-0000 |
| 5533 HIGHWAY 90, PACE, 32571 |
| OFFICES - 1 STORY (001700) |
| 18-1N-28 |
| PACE |
| 11.3781 |
| 5.003 |
| E 165 FT OF W 560 FT OF NE4 OF NW4 AS DES IN OR 1589 PGS 342 342 & 344 & IN OR 3039 PG 1740 & IN OR 3093 PG 1088 |
| GARG FAMILY LTD PARTNERSHIP |
| 5553 HIGHWAY 90 |
| MILTON, FL 32571-1540 |
| 2024 Certified | 2025 Certified | 2026 Certified | |
|---|---|---|---|
| Building Value | $89,442 | $105,435 | $105,435 |
| Extra Feature Value | $500 | $500 | $500 |
| Land Value | $334,340 | $344,778 | $399,300 |
| Land Agricultural Value | $0 | $0 | $0 |
| Agricultural (Market) Value | $0 | $0 | $0 |
| Just (Market) Value | $424,282 | $450,713 | $505,235 |
| Co. Assessed Value | $341,930 | $376,123 | $413,735 |
| Exempt Value | $0 | $0 | $0 |
| Co. Taxable Value | $341,930 | $376,123 | $413,735 |
| Type | OFFICE BUILDING - 1-STORY |
|---|---|
| Total Area | 2078 |
| Heated Area | 1646 |
| Exterior Walls | MODULAR METAL |
| Roof Cover | TIMBERLINE SHINGLE |
| Interior Walls | PLYWOOD, DRYWALL |
| Foundation | OFF GRADE |
| Frame | WOOD FRAME |
| Floor | HARDWOOD, CARPET |
| Heat Type | FORCED AIR DUCT |
| A/C Type | CENTRAL |
| Bathrooms | 1 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 1935 |
| Effective Year Built | 1955 |
Current Traverse
Use: OFFICE BUILDING - 1-STORY (001700)
| Effective Rate | Replacement Cost |
|---|---|
| 97.125 | $172,591 |
| Normal | 60% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 40% |
| Replacement Cost New Less Depreciation (RCNLD) | $69,036 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Type | STORES |
|---|---|
| Total Area | 1205 |
| Heated Area | 1010 |
| Exterior Walls | STUCCO - OVER BLOCK |
| Roof Cover | TIMBERLINE SHINGLE |
| Interior Walls | DRYWALL |
| Foundation | BLOCK/MASONRY |
| Frame | MASONRY |
| Floor | VINYL ASPHALT |
| Heat Type | FORCED AIR DUCT |
| A/C Type | CENTRAL |
| Bathrooms | 1 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 1945 |
| Effective Year Built | 1965 |
Current Traverse
Use: STORES (001100)
| Effective Rate | Replacement Cost |
|---|---|
| 85.125 | $90,999 |
| Normal | 60% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 40% |
| Replacement Cost New Less Depreciation (RCNLD) | $36,399 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Land Code | Description | Frontage | Depth | Unit Type | Land Units | Land Value |
|---|---|---|---|---|---|---|
| 001000 | COMMERCIAL | 165 | 05 | FF | 165 | $399,300 |
| Source | Code | Description |
|---|---|---|
| County | HCD | Highway Commercial Development |
| SHED | 1 | 1 UT | 1981 | $500 |
| Multi-Parcel | Sale Date | Sale Price | Instrument | Book / Page | Qualification | Sale Type | Grantor | Grantee |
|---|---|---|---|---|---|---|---|---|
| N | 09/12/2011 | $100 | WD | 3093/10883093 / 1088 | U | I | GARG ANJU & PURUSHOTTAM K AS TRUSTEES | GARG FAMILY LIMITED PARTNERSHIP |
| N | 01/14/2011 | $100 | WD | 3039/17403039 / 1740 | U | I | GARG P K & ANJU | GARG ANJU & PURUSHOTTAM K AS TRUSTEES |
| N | 01/01/1997 | $75,000 | WD | 1589/3441589 / 344 | U | I | GARG P K & ANJU | |
| N | 01/01/1997 | $75,000 | WD | 1589/3421589 / 342 | U | I | ||
| N | 12/01/1991 | $100 | DD | 1221/7451221 / 745 | U | I |