ENTITLEMENT STACK: Live Local Act (LLA) + Transit-Oriented Development (TOD) + Allapattah CRA + Federal Opportunity Zone + Empowerment Zone + Enterprise Zone Located within 0.5 miles of the Santa Clara Metrorail Station, the site qualifies for Transit-Oriented Development (TOD) treatment. Under the Live Local Act, projects within 1/2-mile of a major transportation hub must receive at least a 20% parking reduction, and parking requirements are eliminated for qualifying mixed-use residential developments in designated TOD areas, supporting lower construction costs and more efficient site design. INVESTMENT HIGHLIGHTS • Established Height Precedent: Within 1 mile of the 29-story Lan Tower at River Landing, reinforcing vertical feasibility • Scale: Estimated ~350 units by right; potential for ~480 units via Live Local Act • Entitlement Advantage: Incentive-rich framework supporting high-density residential development • Seller Leaseback: Available at $1/month for up to 12 months, enabling immediate site control • Proximity to Major Demand Drivers: Jackson Health District, Miami International Airport, PortMiami, and Downtown • Employment Density: Near the NW 20th Street industrial corridor • Potential easement along the northern boundary and prospective assemblage with an adjacent City-owned parcel, subject to buyer verification DEVELOPMENT POTENTIAL Illustrative Live Local Act Development Program • Up to 29 stories • Approx. 420 residential units • Structured parking with residential floors above, benefiting from TOD parking flexibility Illustrative Unit Mix • Studio: 105 units · ~500 SF • 1BR: 168 units · ~700 SF • 2BR: 105 units · ~950 SF • 3BR: 42 units · ~1,100 SF Illustrative Gross Income: ~$1.02M/month · ~$12.3M annually DISCLAIMER: All development scenarios, densities, and financial projections are conceptual and must be independently verified by the buyer.