$8,400,000 Acquisition Loan Secured for Multifamily Property in Tampa, FL
Apr 15, 2026 Private Money
Deal Summary
A L Properties of Tampa, a private party lender, recorded a $8,400,000 mortgage crossing three Tampa multifamily parcels of the Encino Apartments at 2505 West Violet Street, 5505 North Habana Avenue, and 4827 Melton Avenue. The loan was executed April 15, 2026 and recorded April 17, 2026 in Hillsborough County under document 148978 (APN 107454-0000), crossed against two additional parcels. County records list the owner as Encino Apartments Llc.
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Transaction Details
- Closing Date
- Apr 15, 2026
- Loan Amount
- $8,400,000
- Loan Type
- Private Money
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Multifamily
- Source
- County record
Property
- Address
- 2505 W Violet St
- City, State
- Tampa, FL
- Market
- Tampa
Property Facts
- Building Size
- 9,516 sq ft
- Lot Size
- 22,651 sq ft (0.52 ac)
- Year Built
- 1981
- Year Renovated
- 2003
- Stories
- 2
- Buildings
- 1
- Zoning
- RM-24
- Subtype
- Multi Family (General)
- Units
- 12
- Floor Area Ratio
- 0.59
Sale History
Last sold for $12,400,000 on Apr 15, 2026. Prior owner A L PROPERTIES OF TAMPA INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 17, 2026 | A L PROPERTIES/TAMPA INC | $8,400,000 | Mortgage | PRIVATE PARTY LENDER |
| Jul 13, 2022 | VALLEY NAT'L BK | $1,000,000 | Mortgage | CONVENTIONAL |
| Oct 22, 2020 | VALLEY NAT'L BK | $2,019,100 | Modification Of Mortgage | CONVENTIONAL |
| Apr 26, 2018 | VALLEY NAT'L BK | $2,126,000 | Modification Of Mortgage | CONVENTIONAL |
| Mar 20, 2014 | USAMERIBANK | $2,300,697 | Modification Of Mortgage | CONVENTIONAL |
| Dec 30, 2009 | BAY CITIES BK | $686,000 | 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.