$4,950,000 Acquisition Loan Secured for Retail Property in Palm Beach Gardens, FL
Mar 27, 2026 Bank
Deal Summary
Bradesco Bank recorded a $4,950,000 mortgage on a 29,000 square foot supermarket property at 4880 Donald Ross Road in Palm Beach Gardens. The loan was executed March 27, 2026 and recorded April 6, 2026 in Palm Beach County under document 119086 (APN 52-42-41-25-18-001-0000). County records list the owner as Old Tree Ventures Llc.
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Transaction Details
- Closing Date
- Mar 27, 2026
- Loan Amount
- $4,950,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 4880 Donald Ross Rd
- City, State
- Palm Beach Gardens, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 29,608 sq ft
- Lot Size
- 98,494 sq ft (2.26 ac)
- Year Built
- 2009
- Stories
- 1
- Buildings
- 2
- Zoning
- MXD
- Subtype
- Supermarket
- Units
- 2
- Floor Area Ratio
- 0.30
Sale History
Last sold for $9,341,654 on Mar 27, 2026. Prior owner PBG LEGENDS LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 6, 2026 | BRADESCO BK | $4,950,000 | Mortgage | CONVENTIONAL |
| Oct 15, 2008 | CITY NAT'L BK/FL | $4,800,000 | Mortgage | CONVENTIONAL |
| Dec 8, 2003 | FIRST NAT'L BK&TR/TREASURE | $1,420,000 | 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.