$4,500,000 Acquisition Loan Secured for Retail Property in Hollywood, FL
Feb 4, 2026 Bank
Deal Summary
International Finance Bank recorded a $4,500,000 mortgage crossing four Hollywood parcels anchored by a retail building at 1000 North Ocean Drive. The loan was executed February 4, 2026 and recorded March 25, 2026 in Broward County under document 120768359 (APN 51-42-13-01-0040), crossed against three additional parcels. County records list the owner as 1004 N Ocean Llc.
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Transaction Details
- Closing Date
- Feb 4, 2026
- Loan Amount
- $4,500,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 1000 N Ocean Dr
- City, State
- Hollywood, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 7,889 sq ft
- Lot Size
- 10,799 sq ft (0.25 ac)
- Year Built
- 1958
- Year Renovated
- 1981
- Stories
- 1
- Buildings
- 1
- Zoning
- BRT-25
- Subtype
- Retail Stores
- Floor Area Ratio
- 0.37
Sale History
Last sold for $6,000,000 on Feb 4, 2026. Prior owner CAPONE GROUP INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Mar 25, 2026 | INTERNATIONAL FIN BK | $4,500,000 | Mortgage | CONVENTIONAL |
| Mar 3, 2023 | POPULAR BK | $3,995,000 | Mortgage | CONVENTIONAL |
| Dec 4, 2013 | BRANCH BKNG & TR CO | $800,000 | Mortgage | CONVENTIONAL |
| Dec 24, 1996 | BANKATLANTIC | $859,500 | Mortgage | CONVENTIONAL |
| Dec 24, 1996 | FLORIDA BUSN DEV CORP | $394,000 | 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.