$3,054,000 Acquisition Loan Secured for Retail Property in Riviera Beach, FL
May 11, 2026 Bank
Deal Summary
First Bank recorded a $3,054,000 mortgage on a convenience and service station property at 7290 Central Industrial Drive in Riviera Beach. The loan was executed May 11, 2026 and recorded May 18, 2026 in Palm Beach County under document 179225 (APN 56-43-42-30-13-000-0030), with a 20 year term. County records list the owner as M & A Brothers Realty No 45 Inc.
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Transaction Details
- Closing Date
- May 11, 2026
- Loan Amount
- $3,054,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 7290 Central Industrial Dr
- City, State
- Riviera Beach, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 1,241 sq ft
- Lot Size
- 43,559 sq ft (1.00 ac)
- Year Built
- 1984
- Year Renovated
- 1994
- Stories
- 1
- Buildings
- 1
- Zoning
- CG
- Subtype
- Convenience/Service Station
- Units
- 6
- Floor Area Ratio
- 0.03
Sale History
Last sold for $2,250,000 on May 13, 2026. Prior owner ECM-BG2-RIVIERA BCH FL-1-UT LL (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 18, 2026 | FIRST BK | $3,054,000 | Mortgage | CONVENTIONAL |
| Dec 4, 2019 | NORTH AMERICAN SVGS BK FSB | $2,314,400 | 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.