Florida · Mixed-Use
Florida mixed-use financing.
Bridge, construction, and renovation financing for mixed-use properties combining ground-floor retail or office with residential above. Urban infill, adaptive reuse, and ground-up development across Miami, Orlando, Tampa, Jacksonville, and Fort Lauderdale.
By David Hodara ·
5+
Active metros
$1M-$50M+
Loan range
70%+
Residential income share preferred
2-4 weeks
Typical close
Florida mixed-use market context
Florida mixed-use is concentrated in urban infill corridors of South Florida (Miami's Wynwood, Edgewater, and Brickell), Tampa (Channelside, downtown, Ybor), and Orlando (Mills 50, downtown, Lake Nona). Lenders look at the residential/commercial split (most prefer 70%+ residential income), the strength of the retail anchor, and walkability/foot traffic patterns.
Most Florida mixed-use deals are underwritten primarily as multifamily with a commercial component, especially when commercial income is under 30-40% of total. Above that threshold, lenders apply commercial debt terms (lower LTV, higher rate). Ground-floor retail tenant credit and lease term are major drivers of pricing.
Typical loan products for Florida mixed-use
Each deal gets routed to the product structure that fits. Most mixed-use deals in Florida use one of the following.
Bridge loans
Short-term financing for acquisition, reposition, or stabilization of mixed-use property. Underwritten with commercial typically capped at 30-40% of total income.
Construction loans
Ground-up or heavy redevelopment financing for mixed-use, with draw schedule aligned to milestones.
Renovation loans
Single-facility acquisition + rehab for value-add mixed-use repositioning.
Top Florida markets we actively fund
We work mixed-use deals across Florida, with deepest lender relationships in the metros below.
Florida mixed-use FAQ
How do Florida lenders treat the residential vs commercial split in mixed-use?
Most underwrite as multifamily with commercial bonus when residential income exceeds 70% of total. Below that threshold the deal gets priced as commercial mixed-use (lower LTV, higher rate). The walking line varies by lender from 60% to 75%.
Are mixed-use ground-up developments financeable in Florida?
Yes, in active urban infill submarkets. Construction lenders want pre-leasing on the commercial portion (often 50%+ of ground floor pre-leased) or a strong leasing track record from the sponsor. Residential portion is typically delivered on spec.
What's typical leverage on Florida mixed-use bridge loans?
70-75% LTV on stabilized mixed-use with strong residential income share, 65-70% on transitional deals or those weighted toward commercial.
How does Florida's hurricane wind code affect mixed-use construction financing?
All new construction in Florida coastal counties must meet stringent wind code requirements (Miami-Dade has the strictest). Construction lenders require contractor certification of compliance and elevated insurance in coastal flood zones.
Got a Florida mixed-use deal? Send it over.
Term sheet inside 48 hours, or a fast no so you can move on. Business-purpose CRE financing only.