$9,500,000 Financing Secured for Office Property in Miami, FL
Apr 8, 2026 Private Money
Deal Summary
Karkat Lending recorded a $9,500,000 mortgage on office property at 5705 Northwest 38th Street in Miami. The loan was executed April 8, 2026 and recorded April 21, 2026 in Miami-Dade County under document 266969 (APN 26-3025-001-0060), crossed against additional parcels including 3814 Curtiss Parkway. County records list the owner as Lfr LLC.
Get a lender shortlist for a comparable Office property
See which lenders are actively financing office in Miami / South Florida, and get a confidential read on proceeds, structure, and pricing for your property. No fee to talk, and nothing is published without your consent.
Transaction Details
- Closing Date
- Apr 8, 2026
- Loan Amount
- $9,500,000
- Loan Type
- Private Money
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 5705 Nw 38th St
- City, State
- Miami, FL
- Market
- Miami / South Florida
Property Facts
- Building Size
- 7,478 sq ft
- Lot Size
- 18,000 sq ft (0.41 ac)
- Year Built
- 1957
- Stories
- 1
- Buildings
- 1
- Zoning
- 6300
- Subtype
- Office Building
- Floor Area Ratio
- 0.28
Sale History
Last sold for $0 on Nov 24, 2014. Prior owner CLINICAL CARE NETWORK INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 21, 2026 | KARKAT LNDG LLC | $9,500,000 | Mortgage | CONVENTIONAL |
| Oct 23, 2013 | TRANSPORT WORKERS UNION/AMERIC | $270,000 | Mortgage | PRIVATE PARTY LENDER |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
Similar Recent Loans
All office loans →Office · Fort Lauderdale, FL
View deal →Acquisition · Office · Fort Lauderdale, FL
View deal →Refinance · Office · Hollywood, FL
View deal →Financing a similar property?
See what lenders are active on office in Florida, or request a confidential loan review with Andrew Sawyer, commercial real estate capital markets advisor.
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.