$9,800,000 Refinance Secured for Mixed-Use Property in Deerfield Beach, FL
Apr 29, 2026 Bank
Deal Summary
Locality Bank recorded a $9,800,000 mortgage on a mixed-use office and retail building at 1500 Southeast 3rd Court in Deerfield Beach. The loan was executed April 29, 2026 and recorded May 14, 2026 in Broward County under document 120867704 (APN 48-43-05-08-0320). County records list the owner as 1500 Se 3rd Ct Llc.
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Transaction Details
- Closing Date
- Apr 29, 2026
- Loan Amount
- $9,800,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Mixed-Use
- Source
- County record
Property
- Address
- 1500 Se 3rd Ct
- City, State
- Deerfield Beach, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 11,848 sq ft
- Lot Size
- 16,078 sq ft (0.37 ac)
- Year Built
- 2024
- Year Renovated
- 2025
- Buildings
- 1
- Zoning
- COD
- Subtype
- Mixed Use: Office/Retail
- Floor Area Ratio
- 0.74
Sale History
Last sold for $2,150,000 on Nov 13, 2017. Prior owner PRIVCAP COVE HOLDING LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 14, 2026 | LOCALITY BK | $9,800,000 | Mortgage | CONVENTIONAL |
| Jul 15, 2022 | PARADISE BK | $4,200,000 | Modification Of Mortgage | CONVENTIONAL |
| Dec 6, 2019 | PARADISE BK | $4,200,000 | Mortgage | CONVENTIONAL |
| Nov 14, 2017 | PRIVCAP COVE HOLDING LLC | $1,650,000 | Mortgage | PRIVATE PARTY LENDER |
| Aug 27, 2014 | CITY NAT'L BK/FL | $1,600,000 | 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.