$4,500,000 Acquisition Loan Secured for Industrial Property in Coral Springs, FL
Apr 13, 2026 Bank
Deal Summary
First Citizens Bank recorded a $4,500,000 mortgage on a 40,000 square foot warehouse at 4300 Northwest 124th Avenue in Coral Springs. The loan was executed April 13, 2026 and recorded April 15, 2026 in Broward County under document 120810553 (APN 48-41-18-13-0032). County records list the owner as Cb 4300 Nw 124th Ave Llc.
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Transaction Details
- Closing Date
- Apr 13, 2026
- Loan Amount
- $4,500,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 4300 Nw 124th Ave
- City, State
- Coral Springs, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 40,578 sq ft
- Lot Size
- 116,648 sq ft (2.68 ac)
- Year Built
- 2006
- Year Renovated
- 2007
- Stories
- 1
- Buildings
- 2
- Zoning
- IRD
- Subtype
- Warehouse
- Floor Area Ratio
- 0.35
Sale History
Last sold for $7,300,000 on Apr 13, 2026. Prior owner TERTSC LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 15, 2026 | FIRST CITIZENS BK&TR CO | $4,500,000 | Mortgage | CONVENTIONAL |
| May 21, 2025 | LICENSE SOLUTIONS III LLC | $185,000 | Mortgage | PRIVATE PARTY LENDER |
| Jul 11, 2024 | PARADISE BK | $5,000,000 | Modification Of Mortgage | |
| Sep 24, 2020 | PARADISE BK | $3,500,000 | Mortgage | CONVENTIONAL |
| Oct 26, 2017 | CITY 1ST MTG CORP | $1,500,000 | 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.