$1,015,000 Acquisition Loan Secured for Retail Property in Key West, FL
Apr 17, 2026 Bank
Deal Summary
Centennial Bank recorded a $1,015,000 mortgage on a restaurant property at 316 Petronia Street in Key West. The loan was executed April 17, 2026 and recorded April 21, 2026 in Monroe County under document 2540478 (APN 00014000-000000). County records list the owner as 316 Petronia Street Llc.
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Transaction Details
- Closing Date
- Apr 17, 2026
- Loan Amount
- $1,015,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 316 Petronia St
- City, State
- Key West, FL
- Market
- Florida Keys
Property Facts
- Building Size
- 1,620 sq ft
- Lot Size
- 1,701 sq ft (0.04 ac)
- Year Built
- 1928
- Year Renovated
- 1995
- Stories
- 1
- Buildings
- 1
- Zoning
- HNC-3
- Subtype
- Restaurant
- Floor Area Ratio
- 0.95
Sale History
Last sold for $1,450,000 on Apr 20, 2026. Prior owner 316 PETRONIA LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 21, 2026 | CENTENNIAL BK | $1,015,000 | Mortgage | FHA |
| Jun 9, 2003 | CHASE MANHATTAN MTG | $298,000 | Mortgage | CONVENTIONAL |
| Jul 17, 1996 | FIRST ST BK/FL KEYS | $45,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.