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<br />, <br />~ <br />q <br />~ <br />~ <br />q <br />q <br />~ <br /> <br />~ <br />- <br /> <br />~ <br /> <br />q <br /> <br />- <br /> <br />~ <br /> <br />- <br /> <br />~ <br />, <br /> <br />, <br /> <br />q <br /> <br />QUINLIVAN APPRAISAL <br />A PROFESSIONAL AsSOCIATION <br /> <br />REAL ESTATE APPRAISERS & CONSULTANTS <br />5730 S.W. 74TH STREET, SUITE 300 <br />SOUTH MIAl>lI, FLORIDA 3BI43 <br /> <br />J. MARx QUINLIVAN. MAl <br />STATE.CElilTIFJED GENERAL APPRAlSRRS <br />HZ 0000112 <br /> <br />TELEPHONE (:]05) 663-6611 <br />FAX (305) 665-4921 <br /> <br />THOMAS F. MAQENUEIMER, MAl <br />STATE",CERTIPIED GENERA.J. ApPRAISERS <br />RZ O()OOllll:J <br /> <br />December 4, 2002 <br /> <br />Christopher J. Russo, City Manager <br />City of Sunny Isles Beach <br />17070 Collins Avenue - Suite 250 <br />Sunny Isles Beach, Florida 33160 <br /> <br />Dear Mr. Russo: <br /> <br />In accordance with your request and authorization, we have prepared this Appraisal Report covering <br />the following described properties: <br /> <br />(1) Portion of Block 4, Golden Shores Ocean Boulevard Estates, Plat Book <br />51, Page 93, Miami-Dade County, Florida (31-2202-009-0010) <br />Echavarria and Prats; <br /> <br />(2) Portion of Block 4, Golden Shores Ocean Boulevard Estates, Plat Book <br />51, Page 93, Miami-Dade County, Florida (31-2202-009-0020) <br />Ramunno; <br /> <br />(3) Portion of Block 4, Golden Shores Ocean Boulevard Estates, Plat Book <br />51, Page 93, Miami-Dade County, Florida (31-2202-009-0030) <br />Branigan; <br /> <br />(4) Lot 15, Block 5, Golden Shores Ocean Boulevard Estates, Plat Book 51, <br />Page 93, Miami-Dade County, Florida (31-2202-009-0180) Patrimonial <br />Corp. <br /> <br />The purpose of this Appraisal is to estimate the Market Value of the fee simple interest of the <br />described properties as of December 4, 2002, being one of the dates of personal inspection. <br /> <br />The narrative Appraisal Report that follows sets forth the identification of the property, the <br />assumptions and limiting conditions, pertinent facts about the area and the subject property, <br />comparable data, the results of the investigations and analyses, and the reasoning leading to the <br />conclusions set forth. <br />