ZONING FEASIBILITY REPORT

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ZOIG FASIBILITY POT Folio umber(s) 01-3126-011-0170 01-3126-011-0240 01-3126-011-0230 01-3126-011-0220 (s) 2429 W 7th Pl, Miami, FL, 33127 2424 W 7th Pl, Miami, FL, 33127 2416 W 7th Pl, Miami, FL, 33127 2410 W 7th Ct, Miami, FL, 33127 eport Date 4/8/2016 The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development.

TABL OF COTTS Folio umber WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad ZOIG ALLOWACS Property Location 1 Allowed Uses 2 Maximum Lot Capacity 3 Illustrations 4 Statistics 5 CAPACITY AALYSIS Maximum Capacity 6 Illustrations 7 Statistics 8 In consideration for your payment of the appropriate fee, Gridics, LLC ( Gridics ) grants to you the right to use attached Property eport ( eport ), subject to the following terms and conditions: License Grant. Gridics grants to you, your employees and wholly owned affiliates a non-exclusive, non-transferable, non-sublicensable, limited license to use the eport solely for your internal business purposes. estrictions. (a) You shall not disclose, use, disseminate, sublicense, distribute, sell, reproduce, or publish the eport, or any portion of the eport, to any third party, other than persons or entities who are your actual or potential customers and clients. (b) You shall not: (i) process or combine any portion of the eport or permit any portion of the eport to be processed or combined with other data from any other source; (ii) use the eport to create, enhance or structure any database; or (iii) use the eport to create derivative products. (c) You shall not use the eport in any way that: (i) infringes upon Gridics or any third party s copyright, patent, trademark, trade secret or other intellectual property or proprietary rights or rights of publicity or privacy; (ii) violates any federal, state or local law, statute, ordinance or regulation; or (iii) is defamatory, trade libelous, unlawfully threatening or unlawfully harassing. (d) All Gridics trade names displayed on the eport are registered or common law trademarks or service marks (collectively Trademarks ) of Gridics, or its affiliates, licensors. You are not granted any right or license to use the Trademarks. You shall not remove, alter or obscure any Trademarks or proprietary notices or disclaimers contained in the eport. Gridics may include a disclaimer on the eport that use of the eport shall not constitute the delivery by Gridics of real estate services to any person. You will not remove, alter, or obscure any disclaimers appearing on the Services, Platform esults, or any Gridics Information. The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development.

Folio umber ZOIG ALLOWACS Property Location WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad Aerial Zoning Transportation Metrobus Stations 0.25 Mile adius The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 1 of 9

Folio umber ZOIG ALLOWACS Allowed Uses WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad SIDTIAL Single Family esidence Community esidence Ancillary Unit Two Family esidence Multi Family Housing Dormitory Home Office Live - Work Work - Live LODGIG Bed & Breakfast Inn Hotel COMMCIAL Auto - elated Commercial stabls. ntertainment stabls. ntertainment - Adult Food Service stabls. Alcohol Beverage Serv. General Commercial Marine elated Comm. Open Air etail Place of Assembly ecreation stabls. CIVIC Community Facility ecreational Facility eligious Facility DUCATIOAL Childcare College / University lementary School Learning Center Middle / High School Pre - School esearch Facility Special Training / Vocational IDUSTIAL Auto - elated Industrial stabls. Manufacturing and Proccesing Marine elated Industrial stabls. Products and Services Storage / Distribution Facility OFFIC Office CIVIC SUPPOT Community Support Fac. Infrastructure and Util. Major Facility Marina Public Parking escue Mission Transit Facilities W ot Allowed by ight W by Warrant by xception The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 2 of 9

Folio umber ZOIG ALLOWACS Maximum Lot Capacity WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad BUILDIG ITSITY Dwelling Units per Acre Dwelling Units Allowed Maximum Commercial Area Maximum Office Area Maximum Commercial stablishment Area FA Maximum Built Area Maximum Building Footprint 36 du/acre 11 units 90,624 ft² 90,624 ft² 90,624 ft² 11,328 ft² Lot Coverage 80 % Minimum Open Space 5 % HIGHT LIMITATIOS (LVLS) Total Building Height Principal Building Max. Height (Podium) Principal Building Min. Height (Podium) Principal Tower Allowed Height Bonus Allowed Height Maximum Office Height Maximum Commercial Height 8 Levels 8 Levels STBACKS Primary Frontage Minimum Setback Secondary Frontage Minimum Setback Side Minimum Setback ear Minimum Setback Second Layer Dimension 10 ft 0 ft 0 ft 15 ft Lot Principal Street Other Lot Main Building Building Setback limit This assemblage of four lots result in an irregular shape lot. The area and calculations of this assemblage is correct, however the graphic representations show the building massing as two separate structures. Peer eview The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 3 of 9

Folio umber SIT PLA (GOUD LVL) ZOIG ALLOWACS Illustrations WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad Lot Main Building Building Setback limit Principal Street Other Lot LVATIO Main Building Building Setback limit The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 4 of 9

Folio umber ZOIG ALLOWACS Statistics WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 5 of 9

Folio umber CAPACITY AALYSIS Maximum Capacity WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad TOTAL BUILDIG AA Total Building Height Maximum Building Footprint Maximum Liner Footprint Maximum Tower Footprint Maximum Commercial Tower Footprint Common Space Area 84,124 ft² 8 Levels 11,328 ft² 4,312 ft² 8,821 ft² Lot Coverage 80 % FA SIDTIAL AA T esidential Units esidential Units Average Size esidential Height (Levels) OFFIC AA T Office Height (Levels) COMMCIAL AA T Commercial Height (Levels) PAKIG AA Total Parking equired Total Shared Parking equired Parking Structure Height Total Provided Parking Capacity On-Street Parking Capacity Off-Site Parking Capacity Parking Structure Capacity Parking Structure Area Underground Parking Underground Parking Area Surface Parking Capacity 12,210 ft² 2 Levels 28,300 ft² 6 Levels 3,594 ft² 1 Levels 31,200 ft² 114 Spaces 107 Spaces 6 Levels 107 Spaces 4 Spaces 96 Spaces 31,200 ft² 7 Spaces Lot Principal Street Other Lot Commercial Parking Office esidental This analysis show retail on the ground floor for both structures, office and parking on the larger portion of the assemblage, and residential on the smaller portion. The total amount of buildable for the 4 folios is 90,000 ft2, which could be built as warehouse in up to 8 levels of height. Parking requirements for Industrial is established at 1 parking space per 1,000 ft2, then the maxim um requirement is 19 parking spaces could be required. Peer eview The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 6 of 9

Folio umber SIT PLA (GOUD LVL) CAPACITY AALYSIS Illustrations WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad Lot Office esidental Principal Street Other Lot LVATIO Commercial Parking Office esidental The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 7 of 9

Folio umber CAPACITY AALYSIS Statistics WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 8 of 9

Folio umber CAPACITY AALYSIS Statistics WILLIAM. ALVAZ Sterling One ealty 270 SW 25 oad The contents of the esults herein are believed to be accurate, but are not guaranteed. The esults are indicative of the current land conditions and are intended esults are based on basic general calculations that are rounded. Furthermore, although the results are site specific, they are based on general assumptions, such as esults should be independently verified before being relied upon for any particular site design development. PAG 9 of 9