UPDATE 1:00 p.m.
Police have identified Ernesto Padron as the wanted bank robber killed by police following pursuit Friday morning.
Padron has criminal records in both Miami-Dade and Broward counties.
The suspect was shot by police and treated at the scene. He was pronounced dead a short time later
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UPDATE 10:11 a.m.
A suspected carjacker has died after a standoff along the Miami River led to a police involved shooting.
According to Miami-Dade Police, the unidentified subject was shot and treated on scene. However, he did not make it.
The subject could be seen hanging on to a fence along the Miami River, as officers had their guns drawn and tried to get him to surrender.
Officers had the subject surrounded both on land and on water.
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UPDATE 9:45 a.m.
A suspected armed carjacker who dove into a Miami river is in custody after a lengthy standoff with police early Friday morning, authorities say.
The incident resulted in a police-involved shooting, according to Miami-Dade Police Department.
The suspect being treated by Miami-Dade Fire Rescue
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UPDATE: 8:58 a.m.
Police have located the armed carjacker in water near the Miami river.
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Authorities are currently engaged in a police chase across Miami-Dade County with an armed carjacker.
The pursuit first began near 36th Street.
The suspect was seen breaking through a railroad crossing near a scrap metal area by South River Drive.
The NBC 6 chopper captured the suspect ditching his vehicle, pulling out what appears to be gun and carjacking another driver.
This story is developing.