This request is for a $5.4 million second mortgage loan secured by a luxury single-family residence located in Miami Beach. It features 5 bedrooms, 7 bathrooms, and approximately 7,890 square feet across two stories, offering direct bay frontage, skyline views, a private dock, and seamless indoor-outdoor living. The anticipated exit strategy for this loan is the eventual sale of the property.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $125,000 first-lien refinance secured by a vacant lakefront parcel located on Lakeside Dr.,Lutz, FL. The collateral consists of a 0.42-acre irregular-shaped unimproved lot with approximately 80 linear feet of direct frontage on a private ski lake. The borrower’s exit strategy is an o sale of the subject parcel.
- Loan Amount: $125,000
- Date: September 2026
