Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Florida
Florida Commercial Mortgages in 2026
Select Commercial arranges Florida commercial mortgage financing on office, retail, industrial, mixed-use and owner-occupied property, with rates as low as 6.34%, up to 75% LTV (90% owner-occupied with SBA) and terms to 30 years. Compare today’s commercial mortgage rates.
Get a Free QuoteFinancing Options in Florida
Florida apartment, multifamily and commercial properties each have dedicated financing. Pick the page that matches your property:
Financing more of the state? See Florida apartment loans.
Financing in another state? Explore our apartment loans, multifamily loans and commercial mortgages nationwide.
Florida Commercial Mortgage Rates
| Loan Type | Rate* | Max LTV |
|---|---|---|
| Commercial Real Estate | 6.74% | Up to 75% |
| Single-Tenant Net Lease | 6.34% | Up to 75% |
| Owner-Occupied / SBA | 6.54% | Up to 90% |
| Apartment / Multifamily | 5.70% | Up to 80% |
- Florida commercial mortgage rates as low as 6.34%
- Up to 75% LTV commercial, 90% owner-occupied
- Terms and amortizations up to 30 years
- Purchase and refinance, including cash-out
- No upfront application or processing fees
- 48-hour written pre-approvals, no cost or obligation
Rates last updated August 11, 2026. Rates and maximum LTV shown represent our best-case pricing scenarios. Actual rates, LTV, and loan terms are subject to underwriting approval and may vary.
Florida Commercial Mortgage Benefits
- Florida commercial mortgage rates as low as 6.34% on qualifying net-lease property
- A commercial mortgage broker with 30+ years of lending experience
- No upfront application or processing fees
- Up to 75% LTV on commercial property, 90% on owner-occupied with SBA
- Terms and amortizations up to 30 years, purchase and refinance including cash-out
- 48-hour written pre-approvals, no cost and no obligation
2026 Florida Commercial Real Estate Market
Select Commercial arranges commercial mortgages across Florida, from major metros to smaller markets. Statewide, new commercial construction remains below the long-run average across most property types, which supports occupancy and the cash flow lenders underwrite. Most Florida commercial mortgages price over the 5, 7 or 10 year Treasury, so 2026 deals size to debt-service coverage, with a debt-service-coverage ratio of at least 1.25x clearing underwriting comfortably.
By property type
- Industrial: generally the strongest sector, tight vacancy near transport corridors.
- Retail: necessity retail is resilient; national net-lease tenants price best.
- Office: selective, premium and medical office financeable.
- Mixed-use and multifamily: the deepest lender pool statewide.
2026 Florida Commercial Metro Snapshots
The Florida metros we most actively finance, with 2026 market indicators and the local supply and demand picture:
- Employment: job gains mirroring last year's pace
- Construction: about 3,300 units, smallest total since 2022
- Vacancy: around 4.9%, matching the 10-year average
- Employment grows by 6,000 jobs, up roughly 0.7 percent for 2026.
- Inventory expands 2.3 percent, the sixth-fastest pace among major U.S. markets.
- Vacancy climbs to 6.7 percent, second highest among major rental markets.
- Employment: Miami-Dade adds about 9,000 jobs in 2026 (about +0.7%)
- Construction: about 5,500 units projected, inventory growth around 1.6%
- Vacancy: forecast near 4.9% (about +20 bps)
- Employment Growth: About 8,500 jobs added in 2026 (approximately +0.6%).
- Construction Trends: About 7,000 units projected for delivery, with inventory growth near 2.4%.
- Vacancy: Vacancy projected near 4.8%, improving by roughly 30 bps.
- Employment Growth: About 6,000 jobs added in 2026 (approximately +0.4%) across the Tampa-St. Petersburg market.
- Construction Trends: About 5,300 units projected for delivery in 2026, the lowest level since 2020.
- Vacancy: Vacancy projected near 5.4%, improving by roughly 20 bps.
Recent Commercial Closings
A sample of commercial and apartment loans we have arranged for investors nationwide.
Other Property & Loan Types We Finance in Florida
As a full-service commercial mortgage broker, we arrange Florida financing across every major property and loan type:
We consider commercial loan requests of all sizes, beginning at $1,500,000.
Florida Commercial Mortgage Markets We Serve
We provide commercial mortgages throughout Florida, including:
- Cape Coral commercial mortgages
- Clearwater commercial mortgages
- Coral Springs commercial mortgages
- Fort Lauderdale commercial mortgages
- Hialeah commercial mortgages
- Jacksonville commercial mortgages
- Miami commercial mortgages
- Orlando commercial mortgages
- Pembroke Pines commercial mortgages
- St. Petersburg commercial mortgages
- Tallahassee commercial mortgages
- Tampa commercial mortgages
- West Palm Beach commercial mortgages
What Our Clients Say
“As a real estate attorney, I trust that Select Commercial will deliver commercial mortgages in a timely manner. My clients are always handled professionally, and the rates and terms are excellent. I heartily recommend them.”
David S. · New York City“I spoke to several commercial lenders before finding Select Commercial. I was glad I did, because they got me a lower rate and their service was exceptional. If you need a commercial mortgage, you need to talk to Stephen.”
Nathan B. · Philadelphia, PA“Select Commercial was very helpful with my commercial mortgage. I needed to increase cash flow due to maintenance on my property. Stephen went over several options and got me the funds while lowering my payments.”
Gary M. · Portland, OR“I looked elsewhere after two disappointing refinances. I found selectcommercial.com and saw they specialized in commercial building loans. In the end they were by far the best company I have used.”
Jerry T. · Long Island, NYGet Your Florida Commercial Mortgage Quote
No cost, no obligation. Written answers within 48 hours on Florida commercial loans from $1,500,000.
- No application or processing fees
- Written answers within 48 hours
- For 5+ unit and commercial properties, $1.5M and up