$4,440,000 Acquisition Loan Secured for Industrial Property in Pompano Beach, FL
Mar 23, 2026 Bank
Deal Summary
US Century Bank recorded a $4,440,000 mortgage crossing four Pompano Beach warehouse parcels on Northwest 8th Street, anchored by 5601 Northwest 8th Street. The loan was executed March 23, 2026 and recorded March 25, 2026 in Broward County under document 120768028 (APN 48-41-36-06-0310), crossed against three additional parcels. County records list the owner as Margate Bays Llc.
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Transaction Details
- Closing Date
- Mar 23, 2026
- Loan Amount
- $4,440,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 5601 Nw 8th St
- City, State
- Pompano Beach, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 6,300 sq ft
- Lot Size
- 13,498 sq ft (0.31 ac)
- Year Built
- 1969
- Year Renovated
- 1975
- Stories
- 1
- Buildings
- 1
- Zoning
- M-1
- Subtype
- Warehouse
- Floor Area Ratio
- 0.45
Sale History
Last sold for $6,200,000 on Mar 23, 2026. Prior owner LAST MILE MARWORTH BH LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Mar 25, 2026 | US CENTURY BK | $4,440,000 | Mortgage | CONVENTIONAL |
| Jan 3, 2022 | US CENTURY BK | $3,055,000 | Mortgage | CONVENTIONAL |
| Jun 23, 2016 | COMMUNITY CU/FL | $1,014,000 | Mortgage | CONVENTIONAL |
| Jun 24, 2003 | BANK OF AMERICA | $380,000 | Mortgage | CONVENTIONAL |
| Aug 1, 2002 | Private party lender | $65,000 | Mortgage | CONVENTIONAL |
| Aug 1, 2002 | FIRST WSTRN BK&TR | $520,000 | 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.