Property Record - 30-23-29-2900-00-010 Orange County Property Appraiser http://www.ocpafl.org Property Summary Property Name International Shoppes Names International Shoppes LLC Municipality ORL - Orlando Property Use 1610 - Rtl Nbhd Ctr Mailing Address 5012 Latrobe Dr Windermere, FL 34786-8915 Physical Address 5600 International Dr Orlando, FL 32819 QR Code For Mobile Phone
Value and Taxes Historical Value and Tax Benefits Tax Year Values Market Value Assessed Value 2017 $6,682,727 (1.1%) $6,682,727 (1.1%) 2016 $6,611,129 (1.9%) 2015 $6,488,372 (17%) 2014 $5,539,633 $6,611,129 (8.5%) $6,093,596 (10%) $5,539,633 Tax Year Benefits 2017 2016 2015 Tax Savings $0 $0 $5,163
2014 $0 2017 Taxable Value and Estimate of Proposed Taxes Taxing Authority Assd Value Exemption Tax Value Millage Rate Taxes % Public Schools: By State Law (Rle) $6,682,727 $0 $6,682,727 4.2220 (-7.47%) $28,214.47 21 % Public Schools: By Local Board $6,682,727 $0 $6,682,727 3.2480 (0.00%) $21,705.50 16 % Orange County (General) $6,682,727 $0 $6,682,727 4.4347 (0.00%) $29,635.89 22 % City Of Orlando $6,682,727 $0 $6,682,727 6.6500 (0.00%) $44,440.13 33 % Library - Operating Budget $6,682,727 $0 $6,682,727 0.3748 (0.00%) $2,504.69 2 % South Florida Water Management District $6,682,727 $0 $6,682,727 0.1275 (-6.18%) $852.05 1 % South Florida Wmd Okeechobee Basin $6,682,727 $0 $6,682,727 0.1384 (-6.30%) $924.89 1 % South Florida Wmd Everglades Const $6,682,727 $0 $6,682,727 0.0441 (-6.37%) $294.71 0 % International Drive Master Transit And Improvement $6,682,727 $0 $6,682,727 0.2486 (-4.02%) $1,661.33 1 % North International Drive Improvement $6,682,727 $0 $6,682,727 0.1601 (0.00%) $1,069.90 1 % International Drive Bus Service $6,682,727 $0 $6,682,727 0.7964 (-3.55%) $5,322.12 4 % 20.4446 $136,625.68 2017 Non-Ad Valorem Assessments Levying Authority Assessment Description Units Rate Assessment CITY OF ORLANDO ORLANDO STORM - DRAINAGE - (407)246-2370 7875.17 $1.00 $7,875.17 $7,875.17 Income Pro forma (as of Jan 1st 2017) for International Shoppes, which includes parcel(s): PID DOR Code DOR Description Allocation Percentage 30-23-29-2900-00-010 1610 Retail Neighborhood Center 100% Note: Pro forma does not contain actual income and expenses specific to this property if provided by the property owner. Rent Roll Rentable Restrict Efficiency Net Rentable Rent Rental Annual Type Description Area Rent Ratio Area Amount Period Rent 3,397 SF Square Feet 100.00% 3,397 $20.00 1 $67,940 69,218 SF Square Feet N 100.00% 69,218 $15.00 1 $1,038,270 Percent Amount Per SqFt. Potential Gross Income $1,106,210 $15.23 less Vacancy/Collection Loss 10.00% $110,621 = Effective Gross Income $995,589 $13.71 plus Ancillary Income 0.00% $0 $0.00 = Adjusted Gross Income $995,589 $13.71 less Expenses 30.00% $298,677 $4.11 = Net Gross Income $696,912 $9.60 plus Miscellaneous Income = Net Operating Income $696,912 $9.60 Overall Rate 8.00000% plus Millage Rate/Tax Rate 2.0846% = Capitalization Rate 10.08460% Capitalized Value $6,910,656 $95.17 less TPP Amount $0 $0.00 plus Additional Value (+/-) Total Misc Adjustment ($227,929) ($3.14) = Income Value $6,682,727 $92.03
Property Features Property Description FL CENTER VANGUARD RD COMMERCIAL LIGHT INDUSTRIAL PLAT 6 9/4 LOTS 1 THROUGH 6 & 60 FT VAC R/W ON S DESC AS: BEG AT SW COR LOT 3, TH S89-43-04E 575.19 FT, TH S00-14-38E 60 FT, TH N89-43-04W 575.38 FT TO A POINT BEING S00-03-18E 60 FT FROM SW COR LOT 3, TH CONT N89-43-04E 60 FT TO E R/W OF KIRKMAN RD, TH N00-03-08W 75 FT, TH S89-43-04E 60 FT, THE S00-03-18E 15 FT TO POB & TH PART OF VAC R/W (PER 3160/1706) ON E DESC AS: COMM AT NW COR OF SEC 30-23-29E, TH S00-03- 18E 1270.65 FT, TH S89-43-04E 160 FT, N00-03-18W 15 FT TO POB; TH N00-03-18W 267.45 FT TO A PT ON A CURVE CONCAVE SELY HAVING A RADIUS OF 224 FT, TH RUN SWLY ALONG ARC 50.51 FT THRU A CENTRAL ANGLE OF 12-55-15 TO PT OF COMPOUND CURVE CONCAVE SELY HAVING A RADIUS OF 224 FT, TH RUN SWLY ALONG ARC 123.19 FT THRU A CENTRAL ANGLE OF 31-51-18 TO A PT ON A LINE, TH RUN S00-03-18E 107.38 FT, TH S89-43-04E 60 FT TO POB. Total Land Area 245,861 sqft (+/-) 5.64 acres (+/-) GIS Calculated Land Land Use Code Zoning Land Units Unit Price Land Value Class Unit Price Class Value 1610 - Rtl Nbhd Ctr PD/SP 245861 SQUARE FEET $20.60 $5,064,737 $0.00 $5,064,737 Buildings Model Code 04 - Commercial Type Code 1610 - Rtl Nbhd Ctr Building Value $5,366,495 Estimated New Cost $7,453,465 Actual Year Built 1986 Beds 0 Baths 0.0 Floors 1 Gross Area 77132 sqft Living Area 64836 sqft Exterior Wall Cb.Stucco Interior Wall Drywall Subarea Description Sqft Value BAS - Base Area 64836 $7,052,212 CAN - Canopy 11247 $366,990 FOP - F/Opn Prch 1049 $34,263 Model Code 04 - Commercial Type Code 1610 - Rtl Nbhd Ctr Building Value $397,213 Estimated New Cost $668,708 Actual Year Built 1987 Beds 0 Baths 0.0 Floors 1 Gross Area 8436 sqft Living Area 7779 sqft Exterior Wall Cb.Stucco Interior Wall Dec.Wall.C Subarea Description Sqft Value BAS - Base Area 7779 $652,191 FOP - F/Opn Prch 625 $15,762 UOP - Unf O Prch 16 $252 UST - Unf Storag 16 $503 Extra Features Description Date Built Units Unit Price XFOB Value PKSP - Parking Space 01/01/1986 250 Unit(s) $500.00 $87,500 WLCB - Wall Cb 01/01/1990 51 Unit(s) $15.00 $765
Sales Sales History Sale Date Sale Amount Instrument # Book/Page Deed Code Seller(s) Buyer(s) Vac/Imp 05/11/2007 $12,500,000 20070315112 09259 / 4760 Warranty Deed Shoppes At International Place LLC International Shoppes LLC Improved 07/01/2005 $7,580,000 20050492224 08090 / 1218 Special Warranty Slp International LLC Shoppes At International Place LLC Improved 11/02/2004 $100 20040712975 07687 / 4206 Certificate of Title Shoppes Limited Partnership Slp International LLC Improved 02/10/1994 $11,894,100 19944771100 04697 / 4425 Warranty Multiple Oakridge Investment 85 LTD Shoppes Limited Partnership Improved 01/01/1986 $598,000 19862447859 03735 / 1912 Warranty Multiple Vacant 01/01/1984 $275,409 19832055420 03457 / 1150 Warranty Multiple Vacant 07/01/1982 $113,220 19821863050 03329 / 0250 Warranty Deed Vacant