ZONING FEASIBILITY REPORT

Address(s) Folio Number(s)130 NW 30th St, Miami, FL, 33127130 NW 30th St, Miami, FL, 33127 01-31-25-028-041001-31-25-028-0410

February 9, 2017

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

TABLE OF CONTENTSTABLE OF CONTENTS

ZONING ALLOWANCESZONING ALLOWANCES

CAPACITY ANALYSISCAPACITY ANALYSIS

Property Location 1Allowed Uses 2Maximum Lot Capacity 3Illustrations 4Statistics 5

Maximum Capacity 6Illustrations 7Statistics 8

In consideration for your payment of the appropriate fee, Gridics, LLC (“Gridics”) grants to you the right to use attached Property Report(“Report”), 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 Report solely for your internal business purposes.Restrictions.

You shall not disclose, use, disseminate, sublicense, distribute, sell, reproduce, or publish the Report, or any portion of the Report,to any third party, other than persons or entities who are your actual or potential customers and clients.

(a)

You shall not: (i) process or combine any portion of the Report or permit any portion of the Report to be processed or combinedwith other data from any other source; (ii) use the Report to create, enhance or structure any database; or (iii) use the Report tocreate derivative products.

(b)

You shall not use the Report in any way that: (i) infringes upon Gridics’ or any third party’s copyright, patent, trademark, tradesecret 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.

(c)

All Gridics trade names displayed on the Report 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 notremove, alter or obscure any Trademarks or proprietary notices or disclaimers contained in the Report. Gridics may include adisclaimer on the Report that use of the Report 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 Results, or any Gridics Information.

(d)

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

AERIAL VIEW ZONING MAP T5-O

SURROUNDING MAP 1/4 mile radius

ZONING ALLOWANCESZONING ALLOWANCESProperty LocationProperty Location

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 1 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

ZONING ALLOWANCESZONING ALLOWANCESAllowed UsesAllowed Uses

RESIDENTIALRESIDENTIALSingle Family Residence RRCommunity Residence RRTwo Family Residence RRMulti Family Housing RRDormitory RRHome Office RRLive - Work RR

LODGINGLODGINGBed & Breakfast RRInn RRHotel RR

OFFICEOFFICEOffice RR

COMMERCIALCOMMERCIALAuto - Related Commercial Establs. WWEntertainment Establs. RRFood Service Establs. RRAlcohol Beverage Serv. EEGeneral Commercial RRMarine Related Comm. WWOpen Air Retail WWPlace of Assembly RRRecreation Establs. RR

CIVICCIVICCommunity Facility WWRecreational Facility RRReligious Facility RR

CIVIC SUPPORTCIVIC SUPPORTCommunity Support Fac. WWInfrastructure and Util. WWMarina WWPublic Parking WWTransit Facilities WW

EDUCATIONALEDUCATIONALChildcare WWCollege / University WWElementary School WWLearning Center RRMiddle / High School WWPre - School RRResearch Facility RRSpecial Training / Vocational WW

NN Not Allowed RR by Right WW by Warrant EE by Exception

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 2 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

Main Building Building Setback limit Lot

ZONING ALLOWANCESZONING ALLOWANCESMaximum Lot CapacityMaximum Lot Capacity

BUILDING INTENSITYBUILDING INTENSITYDwelling Units per Acre 65 du/acre65 du/acreDwelling Units Allowed 10 units10 unitsMaximum Commercial Area 27,597 ft²27,597 ft²Maximum Office Area 27,597 ft²27,597 ft²Maximum Commercial Establishment Area 55,000 ft²55,000 ft²FLR N/AN/AMaximum Built Area 27,597 ft²27,597 ft²Maximum Building Footprint 5,519 ft²5,519 ft²Lot Coverage 80 %80 %Minimum Open Space 10 %10 %

HEIGHT LIMITATIONS (LEVELS)HEIGHT LIMITATIONS (LEVELS)Total Building Height 5 Levels5 LevelsPrincipal Building Max. Height (Podium) 5 Levels5 LevelsPrincipal Building Min. Height (Podium) 2 Levels2 LevelsPrincipal Tower Allowed Height N/AN/ABonus Allowed Height N/AN/AMaximum Office Height N/AN/AMaximum Commercial Height N/AN/A

SETBACKSSETBACKSPrimary Frontage Minimum Setback 10 ft10 ftSecondary Frontage Minimum Setback N/AN/ASide Minimum Setback N/AN/ARear Minimum Setback N/AN/A

Second Layer Dimension 25 ft25 ft

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 3 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

ZONING ALLOWANCESZONING ALLOWANCESIllustrationsIllustrations

SOUTH ELEVATION

Lot Main Building Building Setback limit

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 4 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

EAST ELEVATION

5

0

4

3

2

1

5

0

4

3

2

1

ZONING ALLOWANCESZONING ALLOWANCESStatisticsStatistics

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 5 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

CAPACITY ANALYSISCAPACITY ANALYSISMaximum CapacityMaximum Capacity

TOTAL BUILDING AREA 27,588 ft²27,588 ft²Total Building Height 5 Levels5 LevelsMaximum Building Footprint 5,519 ft²5,519 ft²Maximum Liner Footprint 1,542 ft²1,542 ft²Maximum Tower Footprint N/AN/AMaximum Commercial Tower Footprint N/AN/ACommon Space Area 2,610 ft²2,610 ft²Lot Coverage 80 %80 %FLR N/AN/A

LODGING AREA NET 7,000 ft²7,000 ft²Lodging Rooms 20 DU20 DULodging Room Average Size 350 ft²350 ft²Lodging Height (Levels) 2 Levels2 Levels

OFFICE AREA NET 3,500 ft²3,500 ft²Office Height (Levels) 3 Levels3 Levels

COMMERCIAL AREA NET 2,550 ft²2,550 ft²Commercial Height (Levels) 2 Levels2 Levels

PARKING AREA 11,928 ft²11,928 ft²Total Parking Required 31 Spaces31 SpacesTotal Shared Parking Required 27 Spaces27 SpacesParking Structure Height 3 Levels3 LevelsTotal Provided Parking Capacity 30 Spaces30 SpacesOn-Street Parking Capacity N/AN/AOff-Site Parking Capacity N/AN/A

Parking Structure Capacity 30 Spaces30 SpacesParking Structure Area 11,928 ft²11,928 ft²Underground Parking N/AN/AUnderground Parking Area N/AN/ASurface Parking Capacity N/AN/A

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 6 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

Lot Commercial Parking Office Lodging

CAPACITY ANALYSISCAPACITY ANALYSISIllustrationsIllustrations

Lot Commercial Parking Office Lodging

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 7 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

SITE PLAN (GROUND LEVEL)

SOUTH SIDE VIEW EAST SIDE VIEW

CAPACITY ANALYSISCAPACITY ANALYSISStatisticsStatistics

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 8 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966

CAPACITY ANALYSISCAPACITY ANALYSISStatisticsStatistics

© 2017 Gridics, LLC. All rights reserved.

The contents of the Results herein are believed to be accurate, but are not guaranteed. The Results are indicative of the current land conditions and are intended for reference only. They should notbe relied upon for development purposes, and their use does not guarantee governmental approval or permitting for any project. Results are based on basic general calculations that are rounded.Furthermore, although the results are site specific, they are based on general assumptions, such as development distances, heights and areas. They do not take into account variations such as, butnot limited to easements, topography, or existing built elements. The Results should be independently verified before being relied upon for any particular site design development.

PAGE 9 of 9

Folio Number 01-31-25-028-0410 Lot Area 6900 sqft Address 130 NW 30th St Zoning Code Miami 21, Nov. 2015City Miami, FL Parcel Zoning T5-O

Jai Magner KochColdwell Banker Realtor

1682 Jefferson Ave. Miami Beach, FL305-984-6966