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<br />, ,J <br /> <br />'-, <br /> <br />INTRODUCTION <br /> <br />", <br /> <br />IDENTIFICATION OF THE PROPERTY <br /> <br />\..J <br /> <br />'-, <br /> <br />A car rental agency building containing 1,377 square feet situated on a 1.03 acre site. <br /> <br />~~ <br /> <br />"'-, <br /> <br />LOCATION <br /> <br />,~ <br /> <br />18080 Collins Avenue <br />" Sunny Isles Beach, Florida <br /> <br />'---,) <br /> <br />. , <br /> <br />PURPOSE AND DATE OF APPRAISAL <br /> <br />,_J <br /> <br />" <br /> <br />The purpose of this Appraisal is to estimate the Market Value of the property as of January 15,2003 <br />being one of the dates of personal inspection. <br /> <br />, ) <br /> <br />INTENDED USE OF THE APPRAISAL <br /> <br />. ) <br /> <br />"---1 <br /> <br />The intended use of this appraisal is to assist the client in a purchase decision. <br /> <br />INTENDED USER OF THE APPRAISAL <br /> <br />.-1 <br /> <br />The intended user of this appraisal is the City of Sunny Isles Beach. <br /> <br />'--, <br /> <br />,J <br /> <br />LEGAL DESCRIPTION <br /> <br />, " <br /> <br />,~ <br /> <br />All of Parcel I, less the North 150 feet, as measured along the East line thereof, and less the South <br />499.145 feet as measured along the East line thereof, of the Replat of Tract"'A", SUNNY ISLES <br />SHORES, Section "A", according to the Plat thereof recorded in Plat Book 64, at Page 74 of the <br />Public Records of Miami-Dade County, Florida. <br /> <br />'j <br /> <br />._~ <br /> <br />'-., <br /> <br />.-.-J <br /> <br />PROPERTY RIGHTS APPRAISED <br /> <br />') <br /> <br />,~ <br /> <br />---, <br /> <br />The property is appraised infee simple: a fee without limitations to any particular class of heirs or <br />restrictions, but subject to the limitations of eminent domain, escheat, police power and taxation, as <br />well as utility easements of record. <br /> <br />o <br /> <br />" <br /> <br />,_J <br /> <br />QUINLIVAN APPRAIS.<1L <br /> <br />4 <br /> <br />. __.1 <br />