$9,500,000 Acquisition Loan Secured for Office Property in Miami, FL
Mar 31, 2026 Bank
Deal Summary
Banesco USA recorded a $9,500,000 mortgage on a 73,990 square foot office building at 2125 Biscayne Boulevard in Miami. The loan was executed March 31, 2026 and recorded April 14, 2026 in Miami-Dade County under document 247460 (APN 01-3230-026-0530). County records list the owner as Valoro Biscayne Owner LLC.
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Transaction Details
- Closing Date
- Mar 31, 2026
- Loan Amount
- $9,500,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 2125 Biscayne Blvd
- City, State
- Miami, FL
- Market
- Miami / South Florida
Property Facts
- Building Size
- 73,989 sq ft
- Lot Size
- 33,530 sq ft (0.77 ac)
- Year Built
- 1965
- Year Renovated
- 1993
- Stories
- 1
- Buildings
- 1
- Zoning
- 6405
- Subtype
- Office Building
- Floor Area Ratio
- 2.21
Sale History
Last sold for $19,000,000 on Apr 1, 2026. Prior owner 2125 BISCAYNE NOVEL COWORKING (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 14, 2026 | BANESCO USA | $9,500,000 | Mortgage | CONVENTIONAL |
| Jun 25, 2019 | CONTINENTAL CASUALTY CO | $14,100,000 | Mortgage | CONVENTIONAL |
| Oct 30, 2013 | CICERA GROUP LLC | $1,000,000 | Mortgage | PRIVATE PARTY LENDER |
| Feb 23, 2005 | EUROBANK | $3,225,000 | Modification Of Mortgage | CONVENTIONAL |
| Nov 3, 2004 | BANIF MTG CO | $1,025,000 | Mortgage | CONVENTIONAL |
| Sep 27, 1996 | ALGHERO INV INC | $1,160,000 | 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.