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SALES COMPARISON APPROACH TO VALUE (Continued) <br /> COMPARABLE LAND SALES <br /> Sale 1 2 3 4 Subject <br /> Address 17146-90 Collins 18590 Collins 17730 Collins 18080 Collins 18080 Collins <br /> Avenue Avenue Avenue Avenue Avenue <br /> City, St. Sunny Isles Sunny Isles Sunny Isles Beach, Sunny Isles Beach, Sunny Isles Beach, <br /> Beach.Fl. Beach,Fl. Fl. Fl. Fl. <br /> Date of Sale 07/2012 Contract 11/2014 05/2012 N/A <br /> OR bk./Pg. 28179/3557 Not Applicable 29389/4987 28167/2863 N/A <br /> Folio No. 31-2211-004- 31-2202-006- 31-2211-003-0041 31-2211-082-0010 31-2211-082-0010 <br /> 0120;0112; 0050 and 0020 and 0020 <br /> 0050;and 0010 <br /> Grantor Jerry's Famous Corner House BRB Investments City of Sunny Isles Dezer Universal <br /> Deli, Inc. LLC Beach LLC <br /> Grantee Abus LLC Confidential 17730 Collins Dezer Universal N/A <br /> Avenue LLC LLC <br /> Sale Price $19,050,000 $4,625,250 $7,500,000 $7,000,000 N/A <br /> Terms Cash Not Applicable PMM-$3,000,000 Cash N/A <br /> to seller. <br /> Site Size SF 136,325 16,970 31,900 44,743 44,743* <br /> Frontage Collins Avenue Collins Avenue Collins Avenue& Collins Avenue& Collins Avenue& <br /> Atlantic Blvd. Atlantic Blvd. Atlantic Blvd. <br /> Zoning TCD B-1 B-1 B-1/BD B-1/BD <br /> Proposed Use Mixed Use Mixed Use N/A N/A N/A <br /> Condominium Project <br /> Approvals None None None None None <br /> $/SF Land $139.74 $272.55 $235.11 $156.45 N/A <br /> * Public Records. For consistency purposes Public Records for the sales and subject property are utilized. <br /> 19 <br />