$6,800,000 Acquisition Loan Secured for Retail Property in Fort Lauderdale, FL

Apr 17, 2026 Bank
Deal Summary

Amerant Bank recorded a $6,800,000 mortgage on a 15,000 square foot car wash and automotive property at 5401 North Federal Highway in Fort Lauderdale. The loan was executed April 17, 2026 and recorded April 27, 2026 in Broward County under document 120832520 (APN 49-42-13-06-2830). County records list the owner as El Car Wash 5401 N Federal Llc.

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Transaction Details

Closing Date
Apr 17, 2026
Loan Amount
$6,800,000
Loan Type
Bank
Loan Purpose
Acquisition
Capital Type
Senior Debt
Asset Type
Retail
Source
County record

Property

Address
5401 N Federal Hwy
City, State
Fort Lauderdale, FL

Property Facts

Building Size
15,350 sq ft
Lot Size
34,686 sq ft (0.80 ac)
Year Built
1970
Year Renovated
1985
Stories
1
Buildings
1
Zoning
B-1
Subtype
Automotive Repair Shop
Floor Area Ratio
0.44

Sale History

Last sold for $5,175,000 on Feb 10, 2026. Prior owner 5401 N FEDERAL HIGHWAY LLC (business entity).

Prior Financing

RecordedLenderAmountInstrumentType
Apr 27, 2026 AMERANT BK NA $6,800,000 Mortgage CONVENTIONAL
Nov 15, 2021 OPEN BK $2,640,000 Mortgage CONVENTIONAL
Dec 18, 1998 SUNTRUST BK $1,200,000 Mortgage CONVENTIONAL
May 23, 1997 NORTHERN TR CO $1,085,000 Deed Of Trust CONVENTIONAL
Oct 25, 1989 UNITED CO LIFE INS CO $1,300,000 Mortgage PRIVATE PARTY LENDER

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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