Update: Miami Beach Police have identified the man killed as David W. Winesett, a 51-year-old who had escaped from a halfway house earlier in the morning. Winesett had a long criminal history including two previous bank robbery convictions in Florida.

Dramatic video captured by a bystander and uploaded to Instagram this morning captures a man being shot by Miami Beach Police officers in the middle of Alton Road.

The man had just held up a nearby Bank of America, Miami Beach Police say, and had armed himself with a straight razor from a barbershop before he was shot.

The confrontation started about 10:30 this morning when a hold-up alarm at the 1414 Alton Rd. Bank of America alerted police. The suspect said he was armed with a bomb, the teller told police.

When officers arrived, the suspect ran into a nearby barbershop and grabbed a straight-edge razor, says Det. Kathleen Prieto. "Shots were fired, and the subject is deceased," she says in a statement.

Police have not released the man's name yet.

A video, uploaded by Marcellus Johnson, a Miami-based event photographer, shows the disturbing story unfolding. The video — shot in front of a framing store near 15th Terrace and Alton Road — shows a shirtless man clad in jeans walking down the middle of Alton Road toward officers with their weapons raised. Shortly after the man puts his hands on a police cruiser, one of the cops fires , and the man falls to the ground and clutches his chest.

Johnson wrote this about the moment: "Miami Beach Police Officers tried to talk him down, but he just wouldn't cooperate. Early morning shenanigans on Miami Beach. I just want my coffee with 3 creams and 3 sugars."

Miami Beach Police Officers tried to talk him down, but he just wouldn't cooperate. Early morning shenanigans on Miami Beach. I just want my coffee with 3 creams and 3 sugars. A video posted by Marcellus Johnson (@nlpgimages) on Dec 5, 2015 at 8:19am PST

Miami-Dade police will investigate the shooting, Prieto says. The FBI and MBPD will take on the bank robbery investigation. As police work the scene, Alton Road is closed to traffic between 15th and 16th streets.

We'll update this post when more information is released.

