$3,900,000 Refinance Secured for Industrial Property in Delray Beach, FL
Mar 27, 2026 Bank
Deal Summary
Seacoast National Bank recorded a $3,900,000 mortgage on a 31,000 square foot warehouse at 1860 Doctor Andres Way in Delray Beach. The loan was executed March 27, 2026 and recorded April 13, 2026 in Palm Beach County under document 130599 (APN 12-43-46-18-16-000-0010). County records list the owner as Delray Beach Andes Way Llc.
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Transaction Details
- Closing Date
- Mar 27, 2026
- Loan Amount
- $3,900,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 1860 Dr Andres Way
- City, State
- Delray Beach, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 31,008 sq ft
- Lot Size
- 130,486 sq ft (3.00 ac)
- Year Built
- 1980
- Year Renovated
- 1985
- Stories
- 1
- Buildings
- 1
- Zoning
- MROC
- Subtype
- Warehouse
- Floor Area Ratio
- 0.24
Sale History
Last sold Aug 23, 2021. Prior owner DOWN THE LINE PROPERTY LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 13, 2026 | SEACOAST NAT'L BK | $3,900,000 | Mortgage | CONVENTIONAL |
| Aug 30, 2021 | TD BK NA | $640,000 | Mortgage | CONVENTIONAL |
| Apr 5, 2019 | TD BK NA | $2,700,000 | Mortgage | CONVENTIONAL |
| Mar 30, 2000 | FLEET CAP CORP | $125,000 | Deed |
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.