$3,786,059 Acquisition Loan Secured for Office Property in Boca Raton, FL
Apr 1, 2026 Bank
Deal Summary
United Community Bank recorded a $3,786,059 mortgage crossing four Boca Raton office condominium units at 4700 Northwest 2nd Avenue. The loan was executed April 1, 2026 and recorded April 6, 2026 in Palm Beach County under document 119334 (APN 06-43-47-08-27-002-4040), crossed against three additional parcels. County records list the owner as Sn Medical Llc.
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Transaction Details
- Closing Date
- Apr 1, 2026
- Loan Amount
- $3,786,059
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 4700 Nw 2nd Ave
- City, State
- Boca Raton, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 957 sq ft
- Year Built
- 1982
- Buildings
- 1
- Subtype
- Office Condominium
- Units
- 1
Sale History
Last sold for $1,150,000 on Apr 1, 2026. Prior owner JOSEPH MORTON PROPERTIES LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 6, 2026 | UNITED CMNTY BK | $3,786,059 | Mortgage | CONVENTIONAL |
| Jun 6, 2006 | WACHOVIA COM'L MTG INC | $770,000 | Mortgage | CONVENTIONAL |
| Dec 29, 2003 | AMSOUTH BK | $2,300,000 | Mortgage | CONVENTIONAL |
| Apr 3, 2003 | UNIBANK | $2,100,000 | 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.