Miami Beach – UNFISNISHED PROJECT - Located only one block from the beach, this project is about 70-80% complete but has ceased construction due to lack of funds. Property will consist of 28 units when completed; ranging in size from 1,100 to 1,500 sq ft two BR units (average is 1,212). Note value is $8.7MM with about $3.5MM of work yet to be completed on the property.