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HomeMy WebLinkAboutExhibit 2EXHIBIT A 'Flagler First Condominiums 101 E. Flagler Street Miami, Florida 33131 Project Budget Hard Construction Cost $ 11,000,000 Construction Interest Expense $ 730,000 Construction Loan Origination Fee $125,000 Accounting $55,000 Appraisal $18,000 Architect Supervision $175,000 Architect Fee Design $309,500 Insurance $150,000 Building Permit $160,000 Engineering Fee $235,000 Environmental Report and Remediation $175,000 Impact Fee ,,., - $140,000 Inspection Fee $55,000 Legal Fee-Partnernip $150,000 Marketing and Advertisement $95,000 Property Taxes $75,000 Survey Including As-Builts $25,000 Title Insurance and Recording $165,000 Utility Connection Fee $138,000 DMCDC Consulting Fees $ 100,000 Contingency (Soft Cost) (Reimbursablesl $85,000 Developers Fee and Overhead $895,000 Existing Building Owned $ 3,538,000 $ 18,593,500 EXHIBIT B Flagler First Condominiums •101 E. Flagler Street Miami, Florida 33131 Unsold units as of November 2006 Unit Numbers: 1. 306 2. 408 3. 409 4. 508 5. 509 6. 608 7. 609 8. 708 9. 709 10. 808 11. 908 12. 1008