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INTRODUCTION 2 <br /> Table of Contents <br /> Appraisal Summary 1 <br /> Certification of Appraisal 4 <br /> PHOTOGRAPHS 5 <br /> PREMISES OF THE APPRAISAL 10 <br /> Appraisal Format 11 <br /> Type and Definition 11 <br /> Intended Use of the Appraisal 11 <br /> Terms and Definitions 11 <br /> Property Rights Appraised 11 <br /> Date of Appraisal 11 <br /> Date of Report 11 <br /> PRESENTATION OF DATA 12 <br /> Property Identification 13 <br /> Scope of Work 13 <br /> Property Identification 13 <br /> Property Inspection 13 <br /> Type and Extent of Data Research 13 <br /> Analysis Applied to Arrive at Opinion or Conclusions 14 <br /> Property Information 14 <br /> Extraordinary Assumptions/ Hypothetical Conditions 14 <br /> Street Address 14 <br /> Legal Description 14 <br /> Owner of Record 15 <br /> Property History 15 <br /> Pending Sale and/or Listing 15 <br /> Real Estate Tax Analysis 15 <br /> Schedule of Assessment and Taxation 15 <br /> Subject Property's Assessment and Taxation 16 <br /> Delinquent Taxes 17 <br /> Florida's Economic Conditions 18 <br /> Florida Market 20 <br /> Snapshot 20 <br /> South Florida Regional Analysis 21 <br /> Market Definition 21 <br /> Current Trends 22 <br /> Regional Location Map 23 <br /> Demographic Characteristics and Trends 24 <br /> Population 25 <br /> Labor Market 27 <br /> Housing Market 34 <br /> Highlights by County 35 <br /> Household Formation 37 <br /> South Florida Banking 38 <br /> Conclusion 39 <br /> Area/Neighborhood Description 40 <br /> Neighborhood Location Map 42 <br /> Site Description 43 <br /> Clobus, McLemore & Duke, Inc. <br />