$6,700,000 Acquisition Loan Secured for Office Property in West Palm Beach, FL
Apr 24, 2026 Bank
Deal Summary
Metropolitan Commercial Bank recorded a $6,700,000 mortgage on a 15,000 square foot office building at 319 Belvedere Road in West Palm Beach. The loan was executed April 24, 2026 and recorded April 28, 2026 in Palm Beach County under document 152380 (APN 74-43-43-34-01-001-0010). County records list the owner as 319 Belvedere Prop Owner Llc.
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Transaction Details
- Closing Date
- Apr 24, 2026
- Loan Amount
- $6,700,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 319 Belvedere Rd
- City, State
- West Palm Beach, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 15,074 sq ft
- Lot Size
- 43,678 sq ft (1.00 ac)
- Year Built
- 1938
- Year Renovated
- 2005
- Stories
- 1
- Buildings
- 1
- Zoning
- GC
- Subtype
- Office Building
- Floor Area Ratio
- 0.35
Sale History
Last sold for $11,400,000 on Apr 24, 2026. Prior owner 319 B RENAISSANCE II ASSET LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 28, 2026 | METROPOLITAN COM'L BK | $6,700,000 | Mortgage | CONVENTIONAL |
| Sep 16, 2015 | FIRST REPUBLIC BK | $1,000,000 | Mortgage | CONVENTIONAL |
| Sep 9, 2005 | STANDARD INS | $166,345 | Modification Of 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.