$8,075,000 Refinance Secured for Office Property in West Palm Beach, FL
Mar 18, 2026 Bank
Deal Summary
Seacoast National Bank recorded a $8,075,000 mortgage crossing two West Palm Beach parcels anchored by an office building at 1550 Southern Boulevard. The loan was executed March 18, 2026 and recorded March 24, 2026 in Palm Beach County under document 102566 (APN 14-43-44-05-14-003-0040), crossed against one additional parcel. County records list the owner as Loal Hhmwpi Llc.
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Transaction Details
- Closing Date
- Mar 18, 2026
- Loan Amount
- $8,075,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 1550 Southern Blvd
- City, State
- West Palm Beach, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 15,774 sq ft
- Lot Size
- 11,588 sq ft (0.27 ac)
- Year Built
- 1986
- Year Renovated
- 2015
- Stories
- 3
- Buildings
- 1
- Zoning
- C1
- Subtype
- Office Building
- Floor Area Ratio
- 0.45
Sale History
Last sold for $5,250,000 on Jul 28, 2025. Prior owner 1550 PARTNERS LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Mar 24, 2026 | SEACOAST NAT'L BK | $8,075,000 | Mortgage | CONVENTIONAL |
| Jul 31, 2025 | SEACOAST NAT'L BK | $4,462,500 | Mortgage | FHA |
| Oct 18, 2021 | IBERIABANK | $2,325,000 | 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.