$7,500,000 Refinance Secured for Office Property in Miami, FL

Mar 17, 2026 Bank
Deal Summary

Ocean Bank recorded a $7,500,000 mortgage on a 60,140 square foot office building at 16855 Northeast 2nd Avenue in Miami. The loan was executed March 17, 2026 and recorded April 2, 2026 in Miami-Dade County under document 223660 (APN 07-2207-008-0010). County records list the owner as Parcel Flower LLC.

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Transaction Details

Closing Date
Mar 17, 2026
Loan Amount
$7,500,000
Loan Type
Bank
Loan Purpose
Refinance
Capital Type
Senior Debt
Asset Type
Office
Source
County record

Property

Address
16855 Ne 2nd Ave
City, State
Miami, FL

Property Facts

Building Size
60,137 sq ft
Lot Size
97,716 sq ft (2.24 ac)
Year Built
1989
Stories
4
Buildings
2
Zoning
6400
Subtype
Office Building
Floor Area Ratio
0.62

Sale History

Last sold for $7,000,000 on May 15, 2015. Prior owner DYC CENTER LLC (business entity).

Prior Financing

RecordedLenderAmountInstrumentType
Apr 2, 2026 OCEAN BK $7,500,000 Mortgage CONVENTIONAL
Oct 22, 2025 NWL 2016 EVERGREEN LP $6,000,000 Modification Of Mortgage
Jun 16, 2023 NEW WAVE LOANS RESID'L LLC $6,000,000 Mortgage CONVENTIONAL
Jul 23, 2020 OHA 1 LLC $4,500,000 Mortgage PRIVATE PARTY LENDER
Sep 23, 2014 TOTALBANK $4,400,000 Mortgage CONVENTIONAL
Sep 1, 2009 OCEAN BK $4,100,000 Mortgage CONVENTIONAL
Aug 3, 2004 R-G CROWN BK $4,537,500 Mortgage CONVENTIONAL
Jun 15, 1988 BARNETT BK $5,000,000 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.
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