$3,700,000 Refinance Secured for Industrial Property in Fort Lauderdale, FL
Mar 27, 2026 Bank
Deal Summary
City National Bank of Florida recorded a $3,700,000 mortgage on a 32,000 square foot light industrial building at 5470 Northwest 10th Terrace in Fort Lauderdale. The loan was executed March 27, 2026 and recorded March 30, 2026 in Broward County under document 120777398 (APN 49-42-16-01-0200). County records list the owner as Sand & Steel Properties Llc.
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Transaction Details
- Closing Date
- Mar 27, 2026
- Loan Amount
- $3,700,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 5470 Nw 10th Ter
- City, State
- Fort Lauderdale, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 32,160 sq ft
- Lot Size
- 54,451 sq ft (1.25 ac)
- Year Built
- 1970
- Year Renovated
- 1975
- Stories
- 1
- Buildings
- 1
- Zoning
- I
- Subtype
- Light Industrial
- Floor Area Ratio
- 0.59
Sale History
Last sold for $2,150,000 on Apr 3, 2018. Prior owner DENMAN LTD LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Mar 30, 2026 | CITY NAT'L BK/FL | $3,700,000 | Mortgage | CONVENTIONAL |
| Dec 7, 2021 | AMERICAN NAT'L BK | $400,000 | Modification Of Mortgage | CONVENTIONAL |
| Nov 30, 2020 | AMERICAN NAT'L BK | $500,000 | Mortgage | CONVENTIONAL |
| Jan 28, 2019 | SUNTRUST BK | $1,145,275 | Mortgage | SBA |
| Apr 6, 2018 | SUNTRUST BK | $1,145,275 | Mortgage | CONVENTIONAL |
| Apr 29, 1996 | FIRST CHICAGO NBD BANK CANADA | $600,000 | Mortgage | PRIVATE PARTY LENDER |
| Jul 29, 1994 | NBD BK | $300,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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