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<br />DATE OF SALE: <br /> <br />SALE PRICE: <br /> <br />TYPE INSTRUMENT: <br /> <br />RECORDA TION: <br /> <br />FOLIO NUMBER: <br /> <br />GRANTOR: <br /> <br />GRANTEE: <br /> <br />LEGAL: <br /> <br />LOCA TION: <br /> <br />SITE DESCRIPTION: <br /> <br />Dimensions: <br />Size: <br /> <br />Zoning: <br />Current Use: <br /> <br />UNIT PRlCE: <br /> <br />FINANCING: <br /> <br />REMARKS: <br /> <br />LAND SALE 1 <br /> <br />June 19, 2003 <br /> <br />$25,000,000 <br /> <br />W arran ty Deed <br /> <br />O. R. Book 21415, Page 4566 <br /> <br />31-22 I 1-004-0060 <br /> <br />Beverly Towers, Inc. <br /> <br />Fortune Beach, LLC <br /> <br />The South 300 feet of the North 400 feet of Lot I, lying <br />East of Collins Avenue, TATUM'S OCEAN PARK <br />SUBDIVISION, according to the Plat thereof, as recorded in <br />Plat Book 10, Page 64 of Miami-Dade County, Florida. <br /> <br />17001 Collins Avenue <br />Sunny Isles Beach, Florida <br /> <br />Irregular <br />104,544 Square Feet <br />2.40 Acres <br />MU-R, Mixed Use Resort District <br />Vacant <br /> <br />$239.13 per square foot <br /> <br />First Mortgage of $17,450,000 with Colonial Bank. <br /> <br />A 284-unit condominium apartment building is planned for <br />this site. <br /> <br />QUINLIVAN APPRAISAL <br /> <br />30 <br />