$3,500,000 Refinance Secured for Industrial Property in Fort Lauderdale, FL
May 11, 2026 Bank
Deal Summary
SouthState Bank recorded a $3,500,000 mortgage crossing two Fort Lauderdale warehouse parcels anchored by 850 Southwest 21st Terrace. The loan was executed May 11, 2026 and recorded May 12, 2026 in Broward County under document 120861240 (APN 50-42-08-00-0224), crossed against one additional parcel. County records list the owner as 850 Sw 21st Terrace Llc.
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Transaction Details
- Closing Date
- May 11, 2026
- Loan Amount
- $3,500,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 850 Sw 21st Ter
- City, State
- Fort Lauderdale, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 16,840 sq ft
- Lot Size
- 57,988 sq ft (1.33 ac)
- Year Built
- 1972
- Year Renovated
- 1973
- Stories
- 1
- Buildings
- 1
- Zoning
- I
- Subtype
- Warehouse
- Floor Area Ratio
- 0.25
Sale History
Last sold Dec 30, 2022. Prior owner BROWARD EQUIPMENT RENTAL LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 12, 2026 | SOUTHSTATE BK NA | $3,500,000 | Mortgage | CONVENTIONAL |
| Jan 4, 2023 | HARVEST COM'L CAP LLC | $1,785,100 | Mortgage | CONVENTIONAL |
| Jul 16, 2018 | FLORIDA CMNTY BK NA | $2,152,500 | Mortgage | CONVENTIONAL |
| Jan 29, 2014 | BROTHERS CONCRETE PUMPING SERV | $100,000 | Mortgage | |
| Apr 7, 2008 | WACHOVIA BANK NA | $987,500 | 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.