$7,200,000 Refinance Secured for Industrial Property in Miami, FL
City National Bank of Florida recorded a $7,200,000 mortgage on a 53,620 square foot warehouse at 50 Northeast 179th Street in Miami. The loan was executed March 26, 2026 and recorded April 2, 2026 in Miami-Dade County under document 221355 (APN 34-2112-023-0151). County records list the owner as M & N International LLC.
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Transaction Details
- Closing Date
- Mar 26, 2026
- Loan Amount
- $7,200,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 50 Ne 179th St
- City, State
- Miami, FL
- Market
- Miami / South Florida
Property Facts
- Building Size
- 53,622 sq ft
- Lot Size
- 108,803 sq ft (2.50 ac)
- Year Built
- 1967
- Stories
- 1
- Buildings
- 1
- Zoning
- 7300
- Subtype
- Warehouse
- Floor Area Ratio
- 0.49
Sale History
Last sold Nov 24, 2020. Prior owner TACO METALS INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 2, 2026 | CITY NAT'L BK/FL | $7,200,000 | Mortgage | CONVENTIONAL |
| May 17, 2021 | BANK OF AMERICA | $3,000,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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