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DECEIVED <br />JUN -.3 2022 <br />PLANNING & ZONING DEPT. <br />City of Sunny Isles Beach, FL <br />AN APPRAISAL REPORT OF <br />THE PURCHASE OF TDR'S AS IT PERTAINS <br />TO THE EXPANSION OF A RESIDENTIAL UNIT <br />LOCATED IN <br />THE MANSIONS OF ACQUALINA <br />AT <br />17749 COLLINS AVENUE, UNIT 602 <br />SUNNY ISLES BEACH, FLORIDA 33160 <br />Appraisal No. 05-22-188 <br />FOR <br />Sunny Isles Living LP <br />17749 Collins Avenue <br />145 Adelaide Street West, STE 500 <br />Toronto, ON MSH 4E5 Canada <br />c/o Carmen Tillit <br />East of Collins -Expediting <br />BY <br />APPRAISALFIRST <br />Real Estate Appraisers, LLC <br />1444 Biscayne Boulevard, Suite 211 <br />Miami, Florida 33132 <br />