Property Search Application - Miami-Dade County Page 1 of 2 Summary Report EXHIBIT A Generated On : 5/22/2017 Property Information Folio: 01-3135-016-0040 Property Address: 1515 NW S RIVER DR Miami, FL 33125-2701 Owner Mailing Address PA Primary Zone Primary Land Use Beds / Baths / Half 4 / 4 / 0 Floors 2 Living Units 2 Actual Area Living Area Adjusted Area Lot Size Year Built 1954 Assessment Information 1515 MIAMI RIVER LLC 370 MIRACLE MILE CORAL GABLES, FL 33134 USA 0104 SINGLE FAM - ANCILIARY UNIT 0802 MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS 4,979 Sq.Ft 2,828 Sq.Ft 3,534 Sq.Ft 45,723 Sq.Ft Year 2016 2015 2014 Land Value $1,600,305 $1,028,768 $709,311 Building Value $317,852 $321,951 $208,835 XF Value $5,537 $4,347 $4,375 Market Value $1,923,694 $1,355,066 $922,521 Assessed Value $1,490,572 $1,355,066 $526,138 Benefits Information Benefit Type 2016 2015 2014 Save Our Homes Cap Non-Homestead Cap Assessment Reduction Assessment Reduction $433,122 $396,383 Homestead Exemption $25,000 Second Homestead Exemption $25,000 Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional). Taxable Value Information 2016 2015 2014 County Exemption Value $0 $0 $50,000 Taxable Value $1,490,572 $1,355,066 $476,138 School Board Exemption Value $0 $0 $25,000 Taxable Value $1,923,694 $1,355,066 $501,138 City Exemption Value $0 $0 $50,000 Taxable Value $1,490,572 $1,355,066 $476,138 Regional Exemption Value $0 $0 $50,000 Taxable Value $1,490,572 $1,355,066 $476,138 Sales Information Previous Sale Price OR Book- Page Qualification Description 01/17/2014 $1,672,500 29021-1698 Qual by exam of deed 08/01/1996 $350,000 17324-4868 Sales which are qualified 06/01/1984 $210,000 12179-2850 Deeds that include more than one parcel Short Legal Description GROVE PARK PB 5-66 LOTS 4 THRU 6 BLK 1 LESS PORT OF LOT 4 BEG SE COR OF LOT 4 TH N 00 DEG W 112.49FT N 71 DEG W 0.35FT S 00 DEG E 112.50FT The Office of the Property Appraiser is continually editing and updating the tax roll. This website may not reflect the most current information on record. The Property Appraiser and Miami-Dade County assumes no liability, see full disclaimer and User Agreement at http://www.miamidade.gov/info/disclaimer.asp http://www.miamidade.gov/propertysearch/index.html 5/22/2017
Property Search Application - Miami-Dade County http://www.miamidade.gov/propertysearch/index.html Page 2 of 2 5/22/2017 Version:
Property Search Application - Miami-Dade County Page 1 of 1 Summary Report Generated On : 5/22/2017 Property Information Folio: 01-3135-016-0060 Property Address: 1529 NW S RIVER DR Miami, FL 33125-2701 Owner Mailing Address PA Primary Zone 1515 MIAMI RIVER LLC 370 MIRACLE MILE CORAL GABLES, FL 33134 USA 0104 SINGLE FAM - ANCILIARY UNIT Primary Land Use 0101 RESIDENTIAL - SINGLE FAMILY : 1 UNIT Beds / Baths / Half 3 / 2 / 0 Floors 1 Living Units 1 Actual Area 2,708 Sq.Ft Living Area 2,352 Sq.Ft Adjusted Area 2,530 Sq.Ft Lot Size 15,602 Sq.Ft Year Built 1978 Assessment Information Year 2016 2015 2014 Land Value $546,070 $351,045 $241,831 Building Value $136,637 $137,667 $134,120 XF Value $2,094 $1,697 $1,718 Market Value $684,801 $490,409 $377,669 Assessed Value $539,449 $490,409 $230,881 Benefits Information Benefit Type 2016 2015 2014 Save Our Homes Cap Non-Homestead Cap Assessment Reduction Assessment Reduction $145,352 $146,788 Homestead Exemption $25,000 Second Homestead Exemption $25,000 Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional). Short Legal Description GROVE PARK PB 5-66 LOT 7 BLK 1 LOT SIZE 15602 SQUARE FEET OR 17992-0377 0298 1 Taxable Value Information 2016 2015 2014 County Exemption Value $0 $0 $50,000 Taxable Value $539,449 $490,409 $180,881 School Board Exemption Value $0 $0 $25,000 Taxable Value $684,801 $490,409 $205,881 City Exemption Value $0 $0 $50,000 Taxable Value $539,449 $490,409 $180,881 Regional Exemption Value $0 $0 $50,000 Taxable Value $539,449 $490,409 $180,881 Sales Information Previous Sale Price 10/30/2014 $1,000,000 02/01/1998 $210,000 05/01/1976 $31,000 OR Book- Page 29387-0689 17992-0377 00000-00000 Qualification Description Not exposed to open-market; atypical motivation Sales which are qualified Sales which are disqualified as a result of examination of the deed The Office of the Property Appraiser is continually editing and updating the tax roll. This website may not reflect the most current information on record. The Property Appraiser and Miami-Dade County assumes no liability, see full disclaimer and User Agreement at http://www.miamidade.gov/info/disclaimer.asp Version: http://www.miamidade.gov/propertysearch/index.html 5/22/2017
Property Search Application - Miami-Dade County http://www.miamidade.gov/propertysearch/index.html Page 1 of 1 5/22/2017 Summary Report Generated On : 5/22/2 Property Information Folio: 01-3135-016-0070 Property Address: 1543 NW S RIVER DR Miami, FL 33125-2701 Owner Mailing Address PA Primary Zone 1515 MIAMI RIVER LLC 2020 PONCE DE LEON BLVD #1103 CORAL GABLES, FL 33134 USA 0104 SINGLE FAM - ANCILIARY UNIT Primary Land Use 0101 RESIDENTIAL - SINGLE FAMILY : 1 UNIT Beds / Baths / Half 3 / 2 / 0 Floors 2 Living Units 1 Actual Area Sq.Ft Living Area Sq.Ft Adjusted Area 1,970 Sq.Ft Lot Size 15,776 Sq.Ft Year Built 1938 Assessment Information Year 2016 2015 2014 Land Value $552,160 $354,960 $244,528 Building Value $129,429 $131,202 $128,542 XF Value $9,616 $7,192 $7,267 Market Value $691,205 $493,354 $380,337 Assessed Value $542,689 $493,354 $300,026 Benefits Information Benefit Type 2016 2015 2014 Non-Homestead Cap Assessment $148,516 $80,311 Reduction Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional). Short Legal Description GROVE PARK PB 5-66 LOT 8 BLK 1 LOT SIZE 15776 SQUARE FEET OR 20565-2266 07 2002 4 Taxable Value Information 2016 2015 2 County Exemption Value $0 $0 Taxable Value $542,689 $493,354 $300, School Board Exemption Value $0 $0 Taxable Value $691,205 $493,354 $380, City Exemption Value $0 $0 Taxable Value $542,689 $493,354 $300, Regional Exemption Value $0 $0 Taxable Value $542,689 $493,354 $300, Sales Information Previous Sale Price 10/29/2014 $1,200,000 04/20/2010 $100 07/01/2002 $0 OR Book- Page 29387-0798 27279-4644 20565-2266 Qualification Description Not exposed to open-market; atypic motivation Affiliated parties Sales which are disqualified as a re of examination of the deed The Office of the Property Appraiser is continually editing and updating the tax roll. This website may not reflect the most current information on record. The Property Appra and Miami-Dade County assumes no liability, see full disclaimer and User Agreement at http://www.miamidade.gov/info/disclaimer.asp Version:
This instrument was prepared by and after recordation return to: Ben Fernandez, Esq. Bercow Radell Fernandez & Larkin, PLLC 200 S. Biscayne Boulevard, Suite 850 Miami, Florida 33131 EXHIBIT B (Space reserved for Clerk) DECLARATION OF RESTRICTIVE COVENANT This Declaration of Restrictive Covenants (the Declaration ) made this day of, 2017, by 1515 Miami River, LLC (hereinafter referred to as the Owner ), is in favor of the CITY OF MIAMI, FLORIDA, a municipality located within the State of Florida (hereinafter referred to as the City ). WHEREAS, the undersigned Owner holds fee simple title to certain real property located at 1515, 1529, 1543 NW South River Drive in Miami, Florida, which are identified by Miami-Dade Tax Folio Nos. 01-3135-016-0040, 01-3135-016-0060, 01-3135-016-0070 and legally described as follows: hereinafter referred to as the Property.
Declaration of Restrictive Covenant Page 2 of 6 WITNESSETH WHEREAS, the Owner sought and obtained a rezoning pursuant to Ordinance No. for the Property; and WHEREAS, the Owner is desirous of making a voluntary binding commitment to assure that the Property shall be developed in accordance with the provisions of the Declaration herein. NOW THEREFORE, the Owner voluntarily covenants and agrees that the Property shall be subject to the following restrictions that are intended and shall be deemed to be a covenant running with the land and binding upon the Owner of the Property, and their heirs, successors and assigns as follows: Section 1. The recitals and findings set forth in the preamble of this Declaration are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The Owner hereby makes the following voluntary declarations running with the land concerning the use of the Property: 1. The owner shall allow waterfront access to the public from 6:00 AM to 10:00 PM along a river walk to be developed as part of a multi-family residential project on the Property. Section 3. Effective Date. This Declaration is effective at the date of execution hereof. This instrument shall constitute a covenant running with the title to the Property that shall be binding upon Owner, its heirs, successors and assigns. These restrictions shall be a limitation upon all present and future Owners of the Property and shall be for the public welfare. Section-Township-Range: 35, 53, 41 Folio Nos.: 01-3135-016-0040, 01-3135-016-0060, 01-3135- 0016-0070
Declaration of Restrictive Covenant Page 3 of 6 Section 4. Term. This voluntary covenant on the part of the Owner shall remain in full force and effect and shall be binding upon the Owner of the Property, its successors in interest and assigns, for an initial period of thirty (30) years from the date this instrument is recorded in the public records and shall be automatically extended for successive periods of ten (10) years, unless modified, amended or released prior to the expiration thereof. Section 5. Applicable Law & Venue; Attorney s Fees. Florida law will apply to interpretation of this instrument. Venue in any civil actions arising under this instrument shall be in Miami-Dade County, Florida. Each party shall bear their own attorney s fees. Section 6. Amendment and Modification. This instrument may be modified, amended, or released as to any portion of the Property by a written instrument executed by the then Owner(s) of the fee-simple title to the land to be affected by such modification, amendment or release, providing that same has been approved by the City of Miami Planning, Zoning and Appeals Board or City Commission after a public hearing which public hearing shall be applied for at the sole cost and expense of the Owner. Upon approval of such modification amendment or release as specified herein, the Director of the City of Miami s Planning Department or his successor shall execute a written instrument in recordable form effectuating and acknowledging such modification, amendment or release. Such instruments shall be in a form acceptable to the City Attorney. Section 7. Inspection and Enforcement. After notice and an opportunity to cure, an enforcement action may be brought by the City by action in law or in equity against any party or person violating or attempting to violate any covenants of this Declaration, or provisions of the building and zoning regulations, either to restrain violations or to recover damages. The prevailing party in the action or suit shall be entitled to recover costs and reasonable attorney s fees. This enforcement provision shall be in addition to any other Section-Township-Range: 35, 53, 41 Folio Nos.: 01-3135-016-0040, 01-3135-016-0060, 01-3135- 0016-0070
Declaration of Restrictive Covenant Page 4 of 6 remedies available under the law. The award of attorney s fees to a prevailing party shall not be used or enforced against the City of Miami. Section 8. Severability. Invalidation of any one of these covenants by judgment of Court shall not affect any of the other provisions of the Declaration, which shall remain in full force and effect. Section 9. Recording. This Declaration shall be filed of record among the Public Records of Miami-Dade County, Florida, at the cost of the Owner, and the City of Miami Planning and Zoning Director will be furnished a recorded copy by the Owner within thirty (30) days of this Declaration being recorded. [Signature Pages to Follow] Section-Township-Range: 35, 53, 41 Folio Nos.: 01-3135-016-0040, 01-3135-016-0060, 01-3135- 0016-0070
Declaration of Restrictive Covenant Page 5 of 6 ACKNOWLEDGMENT CORPORATION 2017. Signed, witnessed, executed and acknowledged on this day of, WITNESSES: OWNER: 1515 Miami River, LLC Signature Print Name Name: Antonio P. Pardo Title: Manager Address: 2020 Ponce de Leon Blvd., Suite 1103, Coral Gables, FL 33134 Signature Print Name STATE OF FLORIDA COUNTY OF MIAMI-DADE The foregoing instrument was acknowledged before me by Antonio P. Pardo, the Manger of 1515 Miami River, LLC, on behalf of the limited liability company. He is personally known to me or has produced, as identification. Witness my signature and official seal this day of 2017, in the County and State aforesaid. Notary Public State of Florida My Commission Expires: Print Name Section-Township-Range: 35, 53, 41 Folio Nos.: 01-3135-016-0040, 01-3135-016-0060, 01-3135- 0016-0070
Declaration of Restrictive Covenant Page 6 of 6 Approved as to Planning and Zoning: Francisco Garcia, Director Planning and Zoning Department Approved as to Legal Form: Victoria Méndez City Attorney Section-Township-Range: 35, 53, 41 Folio Nos.: 01-3135-016-0040, 01-3135-016-0060, 01-3135- 0016-0070