$7,570,000 Acquisition Loan Secured for Retail Property in Miami Beach, FL
May 21, 2026 Private Money
Deal Summary
Emg Transfer Agent LLC, a private lender, recorded a $7,570,000 mortgage on retail property at 631 Lincoln Road in Miami Beach. The loan was executed May 21, 2026 and recorded June 2, 2026 in Miami-Dade County under document 373139 (APN 02-3234-005-0020). County records list the owner as Beyond 631 Lincoln LLC.
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Transaction Details
- Closing Date
- May 21, 2026
- Loan Amount
- $7,570,000
- Loan Type
- Private Money
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 631 Lincoln Rd
- City, State
- Miami Beach, FL
- Market
- Miami / South Florida
Property Facts
- Building Size
- 5,744 sq ft
- Lot Size
- 5,250 sq ft (0.12 ac)
- Year Built
- 1935
- Stories
- 1
- Buildings
- 1
- Zoning
- 6600
- Subtype
- Retail Stores
- Floor Area Ratio
- 1.09
Sale History
Last sold for $8,000,000 on May 21, 2026. Prior owner THELMAR CORP (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Jun 2, 2026 | EMG TRANSFER AGENT LLC | $7,570,000 | Mortgage | CONVENTIONAL |
| Mar 18, 1996 | SUNTRUST BK | $50,000 | Mortgage | CONVENTIONAL |
| Dec 22, 1995 | SUNTRUST MTG INC | $30,000 | Mortgage | CONVENTIONAL |
| Apr 3, 1995 | SUN BK | $170,000 | Mortgage | CONVENTIONAL |
| Aug 31, 1990 | MORECO CORP | $140,000 | Mortgage | PRIVATE PARTY LENDER |
| Aug 31, 1990 | STANLEY FERBER & ASSOC DEFINE | $100,000 | 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.