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<br />Sunny Isles Beach Special Assessment Report <br /> <br />Collin:> Avenue have a maximum floor area ratio of 2.0. For each of the prototypes, the <br />estim;3ted special asse,ssments are shown below. <br /> <br />Road <br />Footage <br /> <br />Parcel <br />Size <br /> <br />Current <br />Land <br />Value <br /> <br />Potential <br />Floor Area <br /> <br />Millenium Condominium <br />18671 Collins Ave, <br />Oriftwocld Motel <br />17121 CI)lIins Ave, <br />Oceania Beach (vacant parcel) <br />16151 Collins Ave, <br />R,K, Shopping Center <br />17100 Collins Ave, <br />Tony Romas Restaurant <br />18070 Collins Ave. <br />Handy Mart Neighbrhd Ctr <br />16204-28 Collins Ave, <br /> <br />$9.898 <br />$9,898 <br />$30.919 <br />$29,694 <br />$14.406 <br />$11,368 <br /> <br />Trip Generation <br /> <br />To avoid a potential inequity between development and vacant or underutilized properties, <br />TA recommends that the trip generation alternative be based on the maximum number of <br />avera~~e weekday vehicle trips that could result from each property if developed to its full <br />potential. <br /> <br />Road <br />Footage <br /> <br />Parcel <br />Size <br /> <br />Current <br />Land <br />Value <br /> <br />Potential <br />Floor Area <br /> <br />Maximum <br />Weekday <br />Vehicle Trips <br /> <br />Mlllenlum Condominium <br />18671 Collins Ave, <br />Driftwood Mote' <br />17121 Collins Ave. <br />OCllania Beach (vacant parcel) <br />16151 Collins Ave, <br />R.K. Shopping Center <br />17100 Collins A'/e, <br />Tony Romas Restaurant <br />18070 Collins Ave, <br />Handy Mart Neighbrhd Ctr <br />16204.28 Collins Ave, <br /> <br />$9,898 <br />$9,898 <br />$30,919 <br />$29,694 <br />$14,406 <br />$11.368 <br /> <br />RECOMMENDED ApPROACH <br /> <br />TA will insert text after tile quantitative analysis is complete. <br /> <br />7 <br />