$6,107,000 Acquisition Loan Secured for Office Property in Greenacres, FL

May 20, 2026 Bank
Deal Summary

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

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

RecordedLenderAmountInstrumentType
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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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.
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