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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 />Dimensions: <br />Size: <br /> <br />Zoning: <br />Current Use: <br /> <br />UNIT PRICE: <br /> <br />FINANCING: <br /> <br />REMARKS: <br /> <br />LAND SALE 1 <br /> <br />December 9,2004 <br /> <br />$5,500,000 <br /> <br />Warranty Deed <br /> <br />O. R. Book 22903, Page 18 and 19 <br /> <br />31-22 I 4-007-0280 <br />31-2214-007 -0290 <br /> <br />Sunny Isles Beach Entertainment and Frank <br />Posteraro <br /> <br />St. Tropez II, LLC. <br /> <br />Lots 29 and 30, SECOND REVISED PLAT OF <br />BELLA VISTA, according to the Plat thereof, <br />Plat Book 50, Page 76 of Miami-Dade County, <br />Florida. <br /> <br />250 Sunny Isles Beach Boulevard <br />Sunny Isles Beach, Florida <br /> <br />Irregular <br />40,000 Square Feet <br />0.92 Acres <br />TCD, Town Center Zoning District <br />Vacant <br /> <br />$137.50 per square foot <br /> <br />Cash <br /> <br />The site will be redeveloped with a <br />condominium apartment building In <br />conjunction with four lots to the east. In <br />addition to the sale priee, the seller will receive <br />a shell condominium retail space in the new <br />building. <br /> <br />QUINLIVAN APPRAISAL <br /> <br />31 <br />