QUALIFICATIONS - STEPHEN J. BOYLE, MAI

 

Professional Affiliations & Licenses

 

MAI Designation, Appraisal Institute

State of Florida Certified General Appraiser #RZ0000699

Licensed Real Estate Salesman, State of Florida, License No. 0410312-03120

 

Formal Education

 

Graduated with a Bachelor of Science in Business Administration,

       University of Central Florida, 1979; majoring in finance.

 

Expert Witness

 

Qualified as an expert witness in the 19th Judicial District

 

Real Estate and Appraisal Education

 

Right-of-way Evaluation and Acquisition, and Real Estate Appraisal Principles

       Florida Department of Transportation

Real Estate Appraisal Principles - American Institute of Real Estate Appraisers

Basic Valuation Procedures - American Institute of Real Estate Appraisers

Residential Valuation - American Institute of Real Estate Appraisers

Capitalization Theory and Techniques, Part A - American Institute of Real Estate Appraisers

Capitalization Theory and Techniques, Part B - American Institute of Real Estate Appraisers

Standards of Professional Practice - American Institute of Real Estate Appraisers

Case Studies in Real Estate Valuation - American Institute of Real Estate Appraisers

Report Writing and Valuation Analysis - American Institute of Real Estate Appraisers

Multiple Seminars and Continuing Education Course ( See Attached List)

 

Other Real Estate Courses Taken

 

Principles of Real Estate Analysis

Real Estate and Urban Development

Investment Analysis

Financial Analysis

 

Qualifications - Stephen J. Boyle, MAI (Cont'd)

 

Appraisal Instruction

 

Author of "Helpful Hints to Writing a Convincing Appraisal"

       Provided to the South Florida Water Management District

Author of “Communicating with your Appraiser

       Provided to various Boards of Realtors and other organizations

 

Real Estate and Appraisal Experience

 

Owner of Boyle & Drake,Inc., August 1996 to current

Owner of Boyle Appraisal Service, November 1993 to July 1996

Employed as a Review Appraiser for Midlantic National Bank, May 1992 to November 1993

Employed as an Independent Contractor to Perform Appraiser and Consulting Services

       Callaway & Price, Inc., May 1985 to May 1992

Employed as Appraiser/Researcher - Callaway & Price, Inc., July 1984 to May 1985

Employed as Real Estate Salesman, September 1983 through July 1984

Employed as Right-of-Way Specialist

       Florida Dept. of Transportation; April 1980 to June 1981

 

Types of Property Appraised, Market Studies and Feasiblity Studies

 

Appraisa, appraisal review and consulting services have been perfomed on the following types of property in Florida for individuals, corporations, banks, attorneys, governmental agencies, savings and loans, mortgage companies and developers:

 


 


Acreage (1,000 + acres)

Agricultural (Vacant &  Improved)

Apartment Complexes

Automobile Dealerships

Beachfront Properties

Commercial Buildings

Condominiums

Convenience Stores

Estates

Feasibility Studies

  (Res. Developments)

Golf Courses

Groves

High-Rise Condominiums (Proposed)

Income Properties

Industrial Parks

Office Buildings

Marinas

Market Studies

  (Residential Developments)

Mitigation Banks

Mobile Home Parks

Motels/Hotels

Multi-family Projects

Planned Unit Developments

R.V. Parks

Retail Buildings

Restaurants

Residential Properties

Shopping Centers

Special Purpose

  Properties

Special Master for SLC

  (Tax Appeals)

Subdivisions

Vacant Land, All Types

Warehouse Buildings

Waterfront Commercial

  Properties

Wetlands & other

Environmental Sensitive Properties


 

Appraisal Review Experience

 

Appraisal review services are performed for various banks including First Union National Bank and other governmental agencies including Martin County. The following is a parrtial list of clients:

 

Florida Communities Trust

Florida Department of Environmental Protection (DEP)

St. Johns Water Management District

St. Lucie County

Martin County

 

CONTINUING EDUCATION COURSES COMPLETED

 

Standards of Professional Practice

Part A, B & C

Appraisal Institute

 

Florida Core Law

State of Florida

 

Comprehensive Appraisal Review

Appraisal Institute

 

Understanding Limited Appraisals

Appraisal Institute

 

Analyzing Operating Expenses

Appraisal Institute

 

1995 Appraisal Seminar

South Florida Water Management District

Appraisal Institute

 

Appraisal Practices for Litigation

Appraisal Institute

 

Eminent Domain and Condemnation Appraising

Appraisal Institute

 

Instructor

Land Management Department 1996 Annual Seminar

South Florida Water Management District

 

Land Management Department 1997 Annual Seminar

South Florida Water Management District

 

Small Hotel/Motel Valuation

Appraisal Institute

 

Appraising Manufactured, Modular, & Mobile Housing

Appraisal Institute

 

Lease Abstracting and Analysis

Appraisal Institute

 

Partial Interest Valuation – Divided

Appraisal Institute

 

USPAP/Law Update

Appraisal Institute

 

EXPERT TESTIMONEY & COURT EXPERIENCE

 

 

Dorothy Hudson, Esq.

3021 Cardinal Drive

Vero Beach, Florida 32963

(561)231-4748

 

Testified as to the value of commercial and residential land

 

 

Larry Barkett, Esq.

2175 20th Street

Vero Beach, Florida 32963

(561)562-2175

 

Testified regarding mobile home park litigation

 

 

Evett Simmons

Gary Williams Parenti, PA

320 S. Indian River Drive

Ft. Pierce, Florida 34950

(561)474-2352

 

Testified as to the value of residential property

 

 

Ralph Evans, Esq.

2920 Cardinal Drive

Vero Beach, Florida 32963

(561)231-1800

 

 

 

 

 

Testified as to the value of commercial and residential property and the effect of commercial development on residential property

 

 

Alexander J. Kranz, Atty.

1989 SE Federal Highway

Stuart, Florida 34994

(561)223-0307

 

Testified regarding mobile home park litigation

 

GENERAL REFERENCES FOR APPRAISAL SERVICES

 

First Union National Bank of Florida

Mitchell Smith, MAI

800 N. Magnolia Avenue

Orlando, Florida 32802

(407)649-5998

 

SunTrust National Bank

Robert Kinney, Chief Appraiser

501 E. Las Olas Boulevard, 5th Floor

Fort Lauderdale, Florida 33301

954-765-7364

 

SunTrust National Bank of Florida

Jay Hart, SVP

2331 Indian River Boulevard

Vero Beach, Florida 32963

(561)-234-7673

 

Bank of America

Stephen G. Hart, VP

Review Appraiser

625 North Flagler Drive, 10th Floor

West Palm Beach, Florida 33401

561-838-5086

 

Bank of America

Mr. Jeff Olson, Vice President

Commercial Lending

601 21st Street, 3rd Floor

Vreo Beach, Florida 32960

(561)770-3927

 

Harbor Federal Savings & Loan

Kenneth Penny, VP

Chief Appraiser

100 South Second Street

P.O. Box 2758

Ft. Pierce, Florida 34954

(561)461-2414

 

South Florida Water Management District

Eric Barkhurst, Review Appraiser

3301 Gun Club Road

West Palm Beach, Florida 33406

(561)687-6695

 

Riverside National Bank

Carl Williams, Vice President

4100 20th Street

Vero Beach, Florida 32960

(561)567-5250

 

First National Bank & Trust Co.

Adam Bolinger

3730 7th Terrace

Vero Beach, Florida 32960

(561) 564-8808

 

South Trust Bank

Deborah J. Mayfield

780 U. S. Highway 1

Vero Beach, Florida 32960

(561) 778-1656

 

Fidelity Federal Savings Bank

Robert MacDonald

205 Datura Street, Suite 200

West Palm Beach, Florida 33401

(561)803-9711


 

REVIEW APPRAISAL REFERENCES:

 

Florida Communities Trust

Caroline Sutton, Community Program Administrator

2555 Shumard Oak Boulevard

Tallahassee, Florida 32399

(850)922-2207

 

Florida Department of Environmental District

Ike Jacobson, Bureau of Appraisal

3900 Commonwealth Boulevard

Tallahassee, Florida 32399

(904)488-9025

 

Martin County

Assistant County Attorney

Fred W. VanVonno

2401 S.E. Monterey Road

Stuart, Florida 34996

561-288-5440

 

 

Additional references available upon request

 

The following is a partial list of banks, governmental agencies, for which we have performed appraisal work:

 

 

Banks & Financial Institutions:

 


Bank of America

BankAtlantic

Bank of Boston

Citicorp.

Citrus Bank

Community Savings

Coral Gables Federal

Farm Credit of South Florida

Fidelity Federal Bank & Trust

First Fidelity

First National Bank & Trust Co.

First Union Corporation

Harbor Federal

Huntington Bank

Indian River National

Indian River Federal (PNC)

Midlantic Bank (PNC)

NationsBank

Northern Trust Bank

PNC Bank

Port St. Lucie National Bank

Recall Management Corp. (Fleet Bank)

Rebpulic Bank

Republic Securities

Riverside National Bank

SunTrust

SouthTrust Bank


 

 

Governmental Agencies:

 

Department of Transportation

The Department of Environmental Protection (DEP)

Florida Communities Trust (FCT)

Internal Revenue Service (IRS)

St. John’s Water Management District

South Florida Water Management District

Indian River County

Florida Inland Navigation District (FIND)

City of Vero Beach

St. Lucie County

City of Ft. Pierce

Martin County

City of Stuart

Freddie Mac

Fannie Mae