$3,000,000 Acquisition Loan Secured for Office Property in Jupiter, FL
Mar 20, 2026 Bridge Lender
Deal Summary
ReadyCap Lending recorded a $3,000,000 mortgage on a 4,000 square foot office building at 16891 Jupiter Farms Road in Jupiter. The loan was executed March 20, 2026 and recorded March 24, 2026 in Palm Beach County under document 103409 (APN 00-41-41-12-00-000-1070), with a 25 year term. County records list the owner as Fabricant Farms Llc.
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Transaction Details
- Closing Date
- Mar 20, 2026
- Loan Amount
- $3,000,000
- Loan Type
- Bridge Lender
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 16891 Jupiter Farms Rd
- City, State
- Jupiter, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 4,280 sq ft
- Lot Size
- 78,955 sq ft (1.81 ac)
- Year Built
- 1978
- Year Renovated
- 1995
- Stories
- 1
- Buildings
- 2
- Zoning
- CG
- Subtype
- Office Building
- Floor Area Ratio
- 0.05
Sale History
Last sold for $1,834,000 on Mar 20, 2026. Prior owner JUPITER BURRITO BROS LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Mar 24, 2026 | READYCAP COM'L LLC | $3,000,000 | Mortgage | CONVENTIONAL |
| Jul 3, 2018 | JOHN R ERBEY FAMILY LIMITED PARTNERSHIP | $1,300,000 | Mortgage | PRIVATE PARTY LENDER |
| May 22, 2012 | Private party lender | $180,000 | Mortgage | PRIVATE PARTY LENDER |
| Jun 23, 2011 | Private party lender | $130,000 | Modification Of Mortgage | PRIVATE PARTY LENDER |
| Dec 2, 2010 | Private party lender | $100,000 | Mortgage | PRIVATE PARTY LENDER |
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.