$4,235,000 Refinance Secured for Retail Property in Boca Raton, FL
Mar 31, 2026 Bank
Deal Summary
Ocean Bank recorded a $4,235,000 mortgage on an 18,000 square foot automotive sales property at 3800 Northwest 2nd Avenue in Boca Raton. The loan was executed March 31, 2026 and recorded April 2, 2026 in Palm Beach County under document 116679 (APN 06-43-47-07-02-034-0092). County records list the owners as Sacha Realty Llc and Kroutski Trust Llc.
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Transaction Details
- Closing Date
- Mar 31, 2026
- Loan Amount
- $4,235,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 3800 Nw 2nd Ave
- City, State
- Boca Raton, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 18,034 sq ft
- Lot Size
- 45,357 sq ft (1.04 ac)
- Year Built
- 2020
- Stories
- 2
- Buildings
- 1
- Zoning
- M1
- Subtype
- Automotive Sales
- Floor Area Ratio
- 0.40
Sale History
Last sold for $7,167,193 on Mar 19, 2020. Prior owner CROSS DEV CC BOCA RATON LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 2, 2026 | OCEAN BK | $4,235,000 | Mortgage | CONVENTIONAL |
| May 30, 2024 | TD BK NA | $3,898,712 | Modification Of Mortgage | CONVENTIONAL |
| Mar 24, 2020 | TD BK NA | $4,658,675 | Mortgage | CONVENTIONAL |
| Apr 8, 2019 | FIRST UNITED BK&TR | $4,981,108 | Mortgage | CONVENTIONAL |
| Apr 13, 2017 | PARAMOUNT SPECIALTY LNDG LLC | $5,106,626 | Mortgage | CONVENTIONAL |
| Feb 26, 2010 | BANK OF AMERICA | $794,986 | Modification Of Mortgage | |
| Apr 11, 2006 | BANK OF AMERICA | $795,000 | 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.