$6,107,000 Acquisition Loan Secured for Office Property in Greenacres, FL
Ocean Bank recorded a $6,107,000 mortgage on a 22,000 square foot office building at 6803 Lake Worth Road in Greenacres. The loan was executed May 20, 2026 and recorded May 29, 2026 in Palm Beach County under document 194779 (APN 18-42-44-22-59-000-0020). County records list the owner as Elcavi 6803 Llc.
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Transaction Details
- Closing Date
- May 20, 2026
- Loan Amount
- $6,107,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 6803 Lake Worth Rd
- City, State
- Greenacres, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 22,624 sq ft
- Lot Size
- 56,853 sq ft (1.31 ac)
- Year Built
- 2008
- Stories
- 3
- Buildings
- 1
- Zoning
- CI
- Subtype
- Office Building
- Floor Area Ratio
- 0.40
Sale History
Last sold for $4,925,000 on May 20, 2026. Prior owner LAKE WORTH 6803 LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 29, 2026 | OCEAN BK | $6,107,000 | Mortgage | CONVENTIONAL |
| Aug 23, 2016 | EXECUTIVE NATIONAL BANK | $2,475,000 | Warranty Deed | |
| Sep 2, 2010 | BRANCH BKNG & TR CO | $4,135,564 | Modification Of Mortgage | CONVENTIONAL |
| May 13, 2008 | COLONIAL BK | $298,000 | Modification Of Mortgage | CONVENTIONAL |
| Mar 10, 2008 | FIRST HORIZON HM LN | $308,000 | Modification Of Mortgage | |
| Dec 19, 2006 | FIRST HORIZON HM LN CORP | $3,900,000 | Mortgage |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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