100% NATUR AL

2 3

ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.

1 IS ABOUT NATURE.

1 CELEBRATES THE SIMPLE RELATIONSHIP BETWEEN NATURE AND PEOPLE. IT’S A REMARKABLE PLACE FORGED FROM BEAUTIFUL STONE, TEXTURED WOODS AND ORGANIC INGREDIENTS THAT WERE HARVESTED AND SELECTED IN AN ECO!FRIENDLY MANNER.

IT’S A UNIQUE PLACE TO BE AT ONE WITH YOURSELF, WITH YOUR FAMILY AND WITH YOUR SURROUNDINGS.

BARRY STERNLICHT, CEO OF STARWOOD CAPITAL GROUP

3

1 is the hotel Barry Sternlicht always wanted to build. A recognized visionary and entrepreneur who created W Hotels and launched St. Regis as a global brand, Mr. Sternlicht enjoys a keen sense of design and environmental conscience. “I’ve been waiting for just this moment,” said Mr. Sternlicht. “It’s a time when our appreciation of the natural world has "nally aligned with the technology that can help us preserve and enjoy it.”

1 Hotels is foremost about celebrating nature. On quick glance, the graceful twist of driftwood furnishings, the ever-present sounds of the ocean, and the overabundance of plants and #owers symbolizing renewal are calming to the senses and the soul. This is the purpose of 1—experiences and design that encourage guests to stop and recalibrate. Come to 1 and feel a drop in your blood pressure, a smile in your step, and relax and enjoy real time with your family and friends.

To the fast-paced, often intense Sternlicht, 1 embodies the refuge he always sought. And now he is delighted to be able to share it with you. Welcome to 1 Hotel & Homes South Beach.

A NEW BRAND

4

THE HOTEL WELCOMES GUESTS WITH BOUGAINVILLEADRAPED TRELLISES AND REDEFINES THE COLLINS AVENUE

STREETSCAPE WITH A NEW VIBRANT RETAIL HUB.6

5

8

THE PLACE TO UNWIND. CATCHING THE LAST RAYS OF THE SETTING SUNAS THE DAY FADES.

8 6

THE LOBBY OPENS ONTO GARDENS AND DININGAREAS WITH COLLINS AVENUE BEYOND.

1 Hotel & Homes South Beach brings a new lifestyle to Miami Beach. It’s a simple, natural way of life with all the energy, comfort and cool of Miami. These spacious, oceanfront homes range from large one-bedroom residences to spectacular penthouses and duplexes—all designed to use less and mean more.

Design elements in each home were created to emphasize the exceptional qualities of living in one of Miami Beach’s best locations, while celebrating the best of nature through eco-friendly design. Extraordinary views of the sky and sparkling Atlantic Ocean or Miami’s dramatic skyline are part of your life at 1. Residences are graced with oversized windows and sliding glass doors that allow for an abundance of natural light, as well as expansive private balconies to enjoy the rising and setting sun. The hotel’s spectacular rooftop bar and sand-!lled cabana lounges o"er still more settings to relax and spend an afternoon—or linger through the evening.

It’s a totally new approach to living on Miami Beach.

LIVING AT 1

7

YOUR DAILY RETREAT. LUSHTROPICAL GARDENS AND LIVINGGREEN WALLS BLEND INTO THEMULTI!LEVEL, OCEANFRONT POOLAND LOUNGE DECKS.

8

1. RESIDENCES ENTRY

2. HOTEL ENTRY

3. POOL ACCESS

4. POOLSIDE RESTAURANT AND BAR

5. HOTEL OCEAN VIEW CABANAS

6. HOTEL ROOFTOP POOL

7. ROOFTOP RESTAURANT AND BAR

8. HOTEL ROOFTOP CABANAS

9. SIGNATURE RESTAURANT

10. BOUTIQUE RETAIL

11. BEACH ACCESS

12. MIAMI BEACH BOARDWALK

13. STK RESTAURANT

MAP OF THE PROPERTY

1111

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12

10

8

5

4

33

6

2

17

24TH STREET

23RD STREET

COLLINS AVENUE

13

55

9

LIFE, REFRESHED. IMAGINE A NEWWAY OF LIVING, WHERE ALL THEAMENITIES OF 1 HOTEL SOUTHBEACH ARE AT YOUR FINGERTIPS.

17OCEAN VIEW SWIMMING POOL AREAS OFFER INVITINGSPACES TO RELAX OR DINE BENEATH BOUNDLESS SKIES. 10

A SENSE OF STYLEAward-winning Brazilian interior designer Debora Aguiar introduces a fresh style for the residences that resonates with the spirit of 1—where open spaces and natural materials delight the senses. Her design aesthetic provides sophisticated comfort, with beach-inspired color palettes and expert attention to every detail.

OPEN PLANS AND LARGE SPACESCREATE A LOFT!LIKE LIFESTYLE THAT

FEELS PERFECT IN MIAMI.

A FOCUS ON NATURAL TEXTURES DRIVESTHE DESIGN IN EVERY HOME AND ADDS A

LAYER OF DETAIL AND WARMTH.

18

11

WELL!PROPORTIONED LAYOUTS MAKE FOR COMFORTABLE LIVING.

NATURE IS ALWAYS MY INSPIRATION FOR FINDING NEW MATERIALS AND TEXTURES, SEAMLESSLY COMBINED WITH CONTEMPORARY DESIGN. DEBORA AGUIARRESIDENTIAL INTERIOR DESIGNER, 1 HOTEL & HOMES SOUTH BEACH

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WATER AND SKY. SOUTH BEACH’S ONLY ROOFTOP POOL AND BAR ARE AN EXQUISITE HOTEL VENUE FOR RELAXING AND ENTERTAINING, DAY AND NIGHT. SIGNATURE COCKTAILS AND REFRESHMENTS$WITH 360!DEGREE VIEWS$AND FULL SUN ALL DAY MAKE THIS A UNIQUE DESTINATION IN MIAMI.

13

MORNING SUNRISE, EVENING CALM.

MEMORABLE VIEWS AREA MAGNIFICENT PART OF

DAILY LIFE AT 1.

A SPECTACULAR PENTHOUSE UNIT WITHUNOBSTRUCTED VISTAS OF THE ATLANTIC OCEAN. 14

THE RESIDENTIAL LOBBY WELCOMES YOU HOME WITHLIVING WALLS AND A SERENE ATMOSPHERE.

RESIDENCES FEATURES

PRIVATE ENTRANCE STAFFED BY 1 HOTEL CONCIERGE % RESIDENTIAL LOBBY DESIGNED BY ACCLAIMED BRAZILIAN

DESIGNER DEBORA AGUIAR % EXPANSIVE FLOOR PLAN LAYOUTS PROVIDE OPPORTUNITIES FOR GRACIOUS LIVING

% NEW SLIDING GLASS BALCONY DOORS AND ENERGY!EFFICIENT, CASEMENT WINDOWS % SPACIOUS PRIVATE

BALCONIES WITH SPECTACULAR VIEWS OF THE ATLANTIC OCEAN OR THE MIAMI CITY SKYLINE % CUSTOM KITCHENS

WITH BUILT!IN LIGHTING DESIGNED BY DEBORA AGUIAR AND CREATED BY ITALKRAFT, FEATURE STAINLESS STEEL

APPLIANCES BY SUB!ZERO AND BOSCH, GROHE FIXTURES AND KOHLER SINK BASINS % WHITE QUARTZ KITCHEN

COUNTERS AND YAKARTA BLANCO PORCELAIN BACKSPLASHES SIT ATOP WHITE, DEEP!GRAINED WOOD VENEER

LOWER CABINETS WITH FRAMELESS, WHITE GLASS UPPER CABINETS % BATHROOMS FINISHED IN BEAUTIFUL,

FLOOR!TO!CEILING TRAVERTINE WITH LEEDTM COMPLIANT FIXTURES BY WATERWORKS AND DUAL!FLUSH

TOILETS % ENTRY DOOR HARDWARE WITH ADVANCED ELECTRONIC LOCKING SYSTEM % IN!UNIT HEATING AND AIR

CONDITIONING SYSTEM WITH INTEGRATED INNCOM ENERGY MANAGEMENT TECHNOLOGY

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FRESH FLAVORS. THE SIGNATURE FARM!TO!TABLE RESTAURANT CREATED BY NEW YORK!BASED, JAMES BEARD AWARD!WINNING CHEF TOM COLICCHIO CELEBRATES LOCAL, ORGANIC INGREDIENTS.

RESIDENTS ENJOY ACCESS TO AN ARRAY OF UNIQUE EXPERIENCES$WHETHER IT’S INDULGING INAN OCEANFRONT MASSAGE, SIPPING ORGANIC WINE AT THE OCEAN’S EDGE, OR EXPLORING THENATURAL BEAUTY OF MIAMI BEACH.

HOTEL TERRACE RENDERING

BILL B

ETTENC

OU

RT

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OUTDOOR LIVING. POOLSIDE COCKTAILSAND OPEN!AIR DINING AT THE MAIN POOL RESTAURANT AND BAR ARE A QUINTESSENTIAL 1 EXPERIENCE.

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THE BENEFITS OF LIVINGAT 1 HOTEL & HOMES SOUTH BEACH

Certain services listed above are provided a la carte by the Hotel or Third Parties for additional fees. Certain hotel facilities and amenities listed above are provided at the discretion of the Hotel. Services o&ered by the Hotel or Third Parties may be changed or modi"ed.

MORE THAN 600 LINEAR FEET OF PRISTINE BEACHFRONT BORDERING THE ATLANTIC OCEAN % CENTERED

IN THE HEART OF SOUTH BEACH, STEPS FROM MIAMI’S BEST RESTAURANTS, CULTURAL CENTERS AND RETAIL

BOUTIQUES % THOUGHTFULLY IMPLEMENTED GREEN BUILDING COMPONENTS DESIGNED FOR WATER AND

ENERGY CONSERVATION % FOUR SWIMMING POOLS, INCLUDING THE HOTEL’S STUNNING ROOFTOP POOL

AND RESTAURANT!BAR WITH PANORAMIC VIEWS OF THE OCEAN AND MIAMI CITY SKYLINE % SIGNATURE

FARM!TO!TABLE RESTAURANT CREATED IN PARTNERSHIP WITH AWARD!WINNING, WORLD!RENOWNED NEW

YORK CHEF TOM COLICCHIO % 24!HOUR IN!HOME DINING FEATURING SIGNATURE MENUS % CATERING AND

PRIVATE CHEF SERVICES % OWNER PRIVILEGES AT 1 HOTELS IN OTHER LOCATIONS % 24!HOUR CONCIERGE,

VALET PARKING, ACCESS CONTROL AND BELLMAN SERVICES % RESIDENTIAL SIGNING PRIVILEGES AND

DIRECT BILLING SERVICES AT THE SIGNATURE RESTAURANT, POOLS, SPA AND OTHER ENTERTAINMENT FACILITIES

ON PROPERTY % PRIORITY STATUS FOR HOTEL ROOM RESERVATIONS AT SPECIAL RESIDENT RATES, AND

ROOM UPGRADES BASED ON AVAILABILITY % ACCESS TO FULL!SERVICE FITNESS CENTER AND SPA % CUSTOM!

DESIGNED POOL!DECK CABANAS % IN!RESIDENCE MASSAGE, SPA AND FITNESS SERVICES, INCLUDING

PERSONAL TRAINING % PERSONAL SHOPPING AND DELIVERY SERVICES INCLUDING ORGANIC GROCERIES,

DRY CLEANING AND PHARMACIES % PRE!ARRIVAL KITCHEN AND PANTRY STOCKING, WITH LOCAL ORGANIC

OPTIONS % IN!HOME NATURAL CARE BOTANICAL SERVICE % ECO!CONSCIOUS HOUSEKEEPING SERVICES

AND LINEN SERVICES % ON!DEMAND MAINTENANCE SERVICES % CATERING SERVICES AND EVENT

PLANNING FOR PRIVATE MEETINGS AND EVENTS % ACCESS TO OTHER HOTEL FACILITIES AND AMENITIES,

INCLUDING MEETING ROOMS AND BUSINESS CENTER % TECHNICAL SUPPORT SERVICES FOR COMPUTERS,

ENTERTAINMENT CENTERS AND TELECOMMUNICATION EQUIPMENT

FULL!SERVICE CABANAS. COMPLETE WITH OVERSCALED FURNITURE ON SAND FLOORS$ALLOW RESIDENTS TO GAZE AT THE OCEAN BEYOND THE CABANA POOL.

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WHY WOULD YOU WANT TO LIVE ANYWHERE ELSE?RICHARD LEFRAK, CHAIRMAN & CEO OF LEFRAK

At the heart of Miami Beach between 23rd and 24th Streets on Collins Avenue, 1 Hotel & Homes South Beach enjoys the most sought-after address. A shopping and entertainment destination, features include a signature Tom Colicchio restaurant, STK and boutique retail.

The neighborhood’s most enriching activities and attractions are all just steps away, with an abundance of museums, galleries, theaters and exciting nightlife. Whether it’s a stroll along legendary Lincoln Road, the pedestrian esplanade of upscale retail and dining, or joining an endless array of surf- and sun-based diversions on the pristine beach, 1 Hotel & Homes South Beach o!ers easy access to endless possibilities.

SOUTH BEACH MIAMI

34 19

NEW WORLD SYMPHONY WALLCAST

CULTURE AND STYLE. THE MIAMI CITY BALLET, THE BASS MUSEUM OF ART AND THE FRANK GEHRY-DESIGNED NEW WORLD CENTER, HOME TO THE NEW WORLD SYMPHONY, ARE WITHIN WALKING DISTANCE, AND PROVIDE AN EXCEPTIONAL MIX OF CULTURAL EVENTS.

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1. 1 HOTEL & HOMES SOUTH BEACH2. BASS MUSEUM OF ART3. SUNSET HARBOUR MARINA & SHOPS4. MIAMI BEACH GOLF COURSE5. MIAMI BEACH CONVENTION CENTER6. DOWNTOWN7. PORT OF MIAMI8. BRICKELL9. LINCOLN ROAD10. NEW WORLD CENTER11. STAR ISLAND12. MIAMI BEACH MARINA13. OCEAN DRIVE14. SOFI !SOUTH OF FIFTH"15. FISHER ISLAND16. KEY BISCAYNE

2

5

4

3

6

9

10

1112

13

1415

16

7

8

21

CO

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E

COLL

INS

AVEN

UE

VENETIAN CAUSEWAY

LINCOLN ROAD

PAR

K AV

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23RD STREET

24TH STREET

LIB

ERTY

AVE

NU

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1 8TH STREET

1 7TH STREET

1 9TH STREET

JAM

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VEN

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PEN

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VEN

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1 9TH STREET

JEFF

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VEN

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1 8TH STREET

LEN

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1 8TH STREET

MIC

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VEN

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ALTO

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WES

T AV

ENU

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BAY

RO

AD

PU

RD

Y AV

ENU

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WES

T AV

ENU

E

20TH STREET 20TH STREET

21 ST STREET

MIA

MI B

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DR

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22ND STREET

WASHINGTON COURT

24TH STREET

CO

NVE

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ON

DR

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PRAI

RIE

AVEN

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MER

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VEN

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WEST 23RD STREET

NORTH B

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W 21 ST STREET

NOR

TH M

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AVE

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20TH STREET

WEST 22ND STREET

WEST 21 ST STREET

WEST 24TH STREET

WEST 23RD STREET

1 7TH STREET

WAS

HIN

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VEN

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MER

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VEN

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DADE BOULEVARD

DADE BOULEVARD

ALTO

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ALTO

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1 9TH STREET

SUN

SET

DRI

VE

LINCOLN ROAD

LINCOLN ROADLINCOLN ROAD

LIB

ERTY

AVE

NU

E

LINCOLN LANE NORTH

COLLINS CANAL

SUNSETISLANDS

COLLINS CANAL

ATLANTICOCEAN

ATLANTICOCEAN

SUNSETISLANDS

COLLINS CANAL

COLLINS CANAL

1

13

9

52

56

29 32

43

51

41

27

1025

50

23

22

12 66

1645

77 2434

54

36

40

75

3537

68

4942 55 46

60

58

1117

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7

4

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264 14

361

62

6

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33 38

8

59

67

1830

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63

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76

78

69

70

71

71

72

74

74

73

41. ADIDAS Y!3

42. ALCHEMIST

43. APPLE STORE

44. ATRIUM

45. BABALU

46. BASE

47. BIG DROP NYC

48. BRITTO CENTRAL

49. COLTORTI

50. EBERJEY

61. DELANO

62. THE RITZ!CARLTON

63. THE SETAI

64. SLS

65. W SOUTH BEACH

66. THIERRY MAS

67. WARREN TRICOMI

68. BOTANICAL GARDEN

69. COLLINS PARK

70. DAVID BARTON GYM

71. DECOBIKE

72. WATERSPORT RENTALS

73. LUCKY STRIKE LANES

74. MIAMI BEACH BOARDWALK

75. MIAMI BEACH GOLF COURSE

76. PADDLEBOARD / SUNSET HARBOUR

77. REGAL CINEMA

78. FLYWHEEL

RESTAURANTS, MARKETS & NIGHTLIFE

31. ARTS CENTER / SOUTH FLORIDA

32. AVANT GALLERY

33. BASS MUSEUM OF ART

34. COLONY THEATRE

35. CONVENTION CENTER

36. THE FILLMORE MIAMI BEACH

37. HOLOCAUST MEMORIAL

38. MIAMI BEACH LIBRARY

39. MIAMI CITY BALLET

40. NEW WORLD SYMPHONY

51. H&M

52. JESSIE

53. KOTO

54. OPTICAL SHOP OF ASPEN

55. OSKLEN

56. PENGUIN

57. SCOOP

58. TASCHEN BOOKS

59. THERAPY

60. TUCCIA DI CAPRI

CULTURE RETAIL HOTELS

SALONS

RECREATION AND PARKS

1. BARCELONETA

2. THE BAZAAR

3. BIANCA

4. BOOKS & BOOKS

5. CASA TUA

6. DOLCE ITALIAN

7. DORAKU SUSHI

8. THE DUTCH

9. EPICURE MARKET

10. FRESHMARKET

11. JELSOMINO

12. JUGO FRESH

13. JUVIA

14. KATSUYA

15. VILLA AZUR

16. MEAT MARKET

17. MOKAI

18. MR. CHOW

19. MYNT LOUNGE

20. NOBU

21. OLA

22. PUBBELLY STEAK

23. PUBBELLY SUSHI

24. QUATTRO

25. SARDINIA

26. SEGAFREDO

27. STK

28. VAN DYKE CAFE

29. VILLA AZUR

30. WALL

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LeFrakFounded in 1901 and owned and managed by membersof the LeFrak family, LeFrak is a privately held groupof companies with roots in the New York metropolitanarea. With more than 100 years of experience inthe ownership, development, and management ofreal property, LeFrak has become one of the world’slargest property "rms. Its a#liated companies own agrowing portfolio of o#ce, residential, retail and hoteldevelopments including prominent projects like LeFrakCity, Gateway at Battery Park City, and Newport, thelargest new waterfront community in the country, aswell as more than 400 buildings and 40 million square feet of real estate across the U.S. LeFrak is also an activereal estate and developer outside the New Yorkarea focusing primarily in Florida and on the West Coast. LeFrak has received international acclaim for responsible community development and sensitivity to environmental sustainability. Beyond real estate, LeFrak’s a#liates are signi"cant investors in oil and gas properties, as well as active direct investors in public and private companies across sectors and geographic regions.

Starwood Capital GroupStarwood Capital Group is a private, U.S.-basedinvestment "rm with a core focus on global real estate.Since the group’s inception in 1991, the "rm has raisednearly $19 billion of equity capital and, through its various funds, has invested $15 billion representing over $38 billion in assets. Starwood Capital Group currently has over $23 billion of assets under management. Starwood Capital Group maintains o#ces in Greenwich, Atlanta, San Francisco, Washington, D.C., Los Angeles and Chicago, and a#liated o#ces in London, Luxembourg, Paris and Sao Paulo. Starwood Capital Group has invested in nearly every class of real estate on a global basis, including o#ce, retail, residential, senior housing, golf, hotels, resorts and industrial assets. Starwood Capital Group and its a#liates have successfully executed an investment strategy thatincludes building enterprises around core real estateportfolios in both the private and public markets.

Fortune InternationalExclusive Sales and Marketing

Founded by Edgardo Defortuna, Fortune International has raised the bar in high-end real estate throughout South Florida since 1983. In its brokerage division, Fortune boasts more than 1000 realtors and 11 o#ces from Key Biscayne to Weston, and numerous international a#liates. The name Fortune International is synonymous with excellence and an unwavering commitment to quality and customer service in the world of luxury real estate.

Debora Aguiar ArquitetosResidential Interior DesignSão Paulo, Brazil

Founded in 1990 by Debora Aguiar Arquitetos (DAA), is afull-service architectural and interior design "rm. Whilecarefully interpreting the needs of its clients, DAA hasbecome known for its beautiful and sophisticated approach to design. Well-known projects include the Le Park Residential Resort (Salvador / Rio de Janeiro), IMPSAT and Optiglobe Telecommunications Companies headquarters (São Paulo), a residential complex in Luanda, Angola and many award-winning spaces at Casa Cor, one of the most important global interior design exhibits.

EDSALandscape ArchitectOrlando, Florida

With over "ve decades of experience and hundreds ofcompleted projects on six continents, EDSA has helpedshape the global practice of planning, landscapearchitecture and urban design. EDSA collaborates acrossdisciplines, keeping its clients’ goals in the forefront. Project highlights include: Bal Harbour Shops, PepsiCo World Headquarters, Rosewood Mayakoba, and the Cosmopolitan Las Vegas.

HKS Inc.Residential ArchitectDallas, Texas

HKS, Inc. operates from 28 o#ces worldwide employing more than 950 dedicated and experienced professionals. The "rm’s vision is to be a global leader in professional design services, bringing value to clients through innovation while being committed to excellence, sustainability and sound business principles. Project highlights include Montage Laguna Beach, Las Ventanas al Paraiso and Shutters on the Beach.

Meyer Davis Studio Inc.Hotel Interior DesignNew York, New York

Meyer Davis Studio, Inc. (MDSI) is a full service, global, award-winning design "rm.. Founded in 1999 by Will Meyer and Gray Davis, the "rm has established itself at the forefront of the nation’s high-end residential and commercial practices. In addition to the extensive list of restaurants and retail boutiques in the "rm’s repertoire, there are the various hotels both nationally and internationally that MDSI has designed and renovated. Among these are: W Hotels in Santa Fe, Mexico and Riviera Maya, Mexico; Le Meridien in New Orleans; the Nolitan Hotel in New York City; The Paramount Hotel in New York City; and the Capri Hotel in Southampton, New York.

Kobi Karp ArchitectureHotel ArchitectMiami, Florida

For over two decades, Kobi Karp Architecture and Interior Design (KKAID) has provided creative and innovative design solutions to renowned clients in the hospitality, retail and high-rise residential development community. The "rm specializes in architecture, interior design, and planning. KKAID’s clientele includes various major corporations, local government agencies, and development corporations. Project highlights include:   Los Micos Hotel and Resort, Honduras, Al Ain Wild Life Park and Resort, UAE, and Le Meridien Tampa, a renovation of the Historic Federal Building.

Neither LeFrak nor Starwood Capital Group is the project developer. This Condominium is being developed by 2377 Collins Resort, L.P., a Delaware limited partnership “Developer”, which has a limited right to use the trademarked names and logos of LeFrak and Starwood Capital Group. Any and all statements, disclosures and/or representations shall be deemed made by Developer and not by LeFrak, Starwood Capital Group and you agree to look solely to Developer and not to LeFrak, Starwood Capital Group and/or any of its or their a#liates with respect to any and all matters relating to the marketing and/or development of the Condominium and with respect to the sales of units in the Condominium.

DESIGN TEAMDEVELOPMENT PARTNERS

23

1hotels.com/southbeach2399 Collins AvenueMiami Beach, FL 33139Phone 305.361.5100© 1 Hotel & Homes South Beach 2013

ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.

This is not intended to be an o%er to sell, or solicitation to buy, condominium units in any jurisdiction where prohibited by law, and your eligibility for purchase will depend upon your state of residency. This o%ering is made only by the prospectus for the condominium and no statement should be relied upon if not made in the prospectus.

The sketches, renderings, graphic materials, plans, speci"cations, terms, conditions and statements contained in this brochure are proposed only, and the Developer reserves the right to modify, revise or withdraw any or all of same in its sole discretion and without prior notice.

These drawings and depictions are conceptual only and are for the convenience of reference. They should not be relied upon as representations, express or implied, of the "nal detail of the residences or other portions of 1 Hotel & Homes South Beach. The developer expressly reserves the right to make modi"cations, revisions, and changes it deems desirable in its sole and absolute discretion.

All depictions of furnishings, "nishes, appliances, counters, so#ts, &oor coverings and other matters of detail, including, without limitation, items of "nish and decoration, are conceptual only and are not necessarily included in each Unit. Consult your Purchase Agreement and the Prospectus for the items included with the Unit.

The photographs contained in this brochure may be stock photography or have been taken o%-site and are used to depict the spirit of the lifestyles to be achieved rather than any that may exist or that may be proposed, and are merely intended as illustrations of the activities and concepts depicted therein.

The project graphics, artists’ conceptual renderings and text provided herein are copyrighted works owned by the Developer.

No real estate broker is authorized to make any representations or other statements regarding the projects, and no agreements with, deposits paid to or other arrangements made with any real estate broker are or shall be binding on the developer.

The Residences are a component of a total complex including the integrated 1 Hotel and Residences which includes or is intended to include (without creating any obligation) hotel and retail components as well as shared infrastructure, facilities and amenities with the Roney Palace Condominium. While services and/or bene"ts may be o%ered by the Hotel or commercial components, these services will be provided at the discretion of and the Hotel and there is no assurance that such services and bene"ts shall be o%ered or for how long and under what terms and conditions. Services and bene"ts o%ered by the Hotel or commercial components (if any) may also be made available to hotel guest or other invitees of the Hotel of commercial component and/or to other members of the public. The purchase of a Unit shall not entitle Buyer to rights in or to and/or bene"ts and/or services from the Hotel and/or commercial components of the Resort.

We are pledged to the letter and spirit of the U.S policy for achievement of Equal Housing Opportunity throughout the nation. We encourage and support an a#rmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.

© 2013, 2377 Collins Resort LP. All rights reserved. Unauthorized reproduction, display or other dissemination of such materials is strictly prohibited and constitutes copyright infringement.

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