$8,400,000 Refinance Secured for Retail Property in Miami, FL
Mar 23, 2026 Bank
Deal Summary
Dort Financial Credit Union recorded a $8,400,000 mortgage on a 9,730 square foot commercial building at 29 Northeast 29th Street in Miami. The loan was executed March 23, 2026 and recorded April 9, 2026 in Miami-Dade County under document 236415 (APN 01-3125-004-0110). The recorded document is flagged as a refinance. County records classify the property as Commercial (General) and list the owner as 29 Ne 29 St LLC.
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Transaction Details
- Closing Date
- Mar 23, 2026
- Loan Amount
- $8,400,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 29 Ne 29th St
- City, State
- Miami, FL
- Market
- Miami / South Florida
Property Facts
- Building Size
- 9,731 sq ft
- Lot Size
- 13,800 sq ft (0.32 ac)
- Year Built
- 1940
- Stories
- 1
- Buildings
- 1
- Zoning
- 6101
- Subtype
- Commercial (General)
- Floor Area Ratio
- 0.51
Sale History
Last sold for $6,800,000 on Jul 16, 2014. Prior owner PYKE BROTHERS & SON (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 9, 2026 | DORT FIN'L CU | $8,400,000 | Mortgage | CONVENTIONAL |
| Sep 18, 2024 | CITY NAT'L BK | $6,750,000 | Modification Of Mortgage | CONVENTIONAL |
| Sep 7, 2023 | CITY NAT'L BK/FL | $6,000,000 | Modification Of Mortgage | CONVENTIONAL |
| May 2, 2019 | COMERICA BK | $4,500,000 | Modification Of Mortgage | CONVENTIONAL |
| Feb 23, 2017 | FLORIDA CMNTY BK | $3,000,000 | Modification Of Mortgage | CONVENTIONAL |
| Oct 8, 2014 | FLORIDA CMNTY BK | $2,000,000 | 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.