Florida Commercial Bridge Loans
Commercial Bridge Loans in Florida
Florida’s commercial property market moves fast, and buyers who wait for their current asset to sell before acting on a new one often lose the deal. Normandy’s commercial bridge loan gives owners access to the equity in their current commercial property to purchase a new property on their own timeline — a practical form of bridge loan commercial property financing for owners across the state.
Normandy has funded construction and commercial financing programs since 1985, and works with borrowers throughout Florida — from Miami-Dade and Broward County to Tampa, Orlando, and Jacksonville.
Pre-qualify or request a rate quote using our Commercial Bridge Loan Form. Learn more about all Normandy Loan Programs, or call us at 800-390-7536.
General Guidelines*
- Loan Amounts from $95,000 to $6,000,000
- Loan to value up to 75% of appraised value
- Allows you to close quickly to buy property on your schedule
- Deal directly with the Loan Officer/Underwriter and Senior Credit Officer
- Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
- Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
- Eligible properties include: Multi-family (4 or more units), Retail, Office Building, Industrial and Warehouse
- Both – Full income documentation or limited income documentation available
- 12 month term – No pre-payment penalty
- Interest only payments
- Foreign Nationals are eligible for this program
- Appraisal may be waived for closing subject to property, loan to value and financial’s
*All rates and terms subject to change without notice
Rates and Fees
(Based on credit score, income, savings and LTV)
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Rates: Prime Rate plus 2.25% to 4.25%+
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Loan Fee: 1.00% to 2.00%
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Application Fee: $650
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Fast Track Closing Fee: $1,250
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Underwriting Fee: $450
**Loans over $2,000,000 rates start at 7.95%
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Florida’s Commercial Real Estate Market
Florida continues to attract significant commercial real estate investment, driven by population growth, no state income tax, and steady demand for multi-family, retail, and industrial space. Multi-family properties (4+ units) remain in high demand across South Florida and the I-4 corridor, while industrial and warehouse space near major distribution hubs in Tampa, Orlando, and Jacksonville has seen sustained investor interest tied to the state’s growing logistics footprint.
Florida’s building requirements also add a layer of complexity for commercial buyers — properties in coastal and wind-borne debris regions must meet Florida Building Code wind mitigation standards, and insurance underwriting on commercial assets has become more stringent in recent years. Bridge financing gives buyers room to close on a new acquisition while working through inspections, insurance requirements, or the sale of an existing property.
Why Florida Owners Use Bridge Financing
Florida draws a large share of out-of-state and foreign national commercial buyers, many of whom are managing the sale of one property while pursuing another. A commercial real estate bridge loan makes it possible to move on a new acquisition without being tied to the closing date of the property being sold — particularly useful in competitive submarkets like Miami and Tampa Bay.
Loans Available in the Following States
- Alaska (AK)
- Alabama (AL)
- Arkansas (AR)
- Colorado (CO)
- Georgia (GA)
- Hawaii (HI)
- Idaho (ID)
- Indiana (IN)
- Kansas (KS)
- Kentucky (KY)
- Maine (ME)
- Mississippi (MS)
- Missouri (MO)
- Montana (MT)
- North Carolina (NC)
- Nebraska (NE)
- New Mexico (NM)
- Ohio (OH)
- Oklahoma (OK)
- South Carolina (SC)
- Tennessee (TN)
- Texas (TX)
- Utah (UT)
- West Virginia (WV)
- Wyoming (WY)
Frequently Asked Questions
What is a commercial bridge loan in Florida?
It’s short term commercial financing that lets you tap the equity in a commercial property you intend to sell to purchase a new commercial property before that sale closes.
What commercial properties are eligible in Florida?
Multi-family (4+ units), retail, office buildings, industrial, and warehouse properties all qualify.
How long does commercial bridge financing take to close in Florida?
Pre-qualification is typically 3–5 business days, with closing generally within 30 days. Fast track closings in around 14 days may be available for qualifying borrowers.
Can foreign national investors use this program in Florida?
Eligibility depends on individual underwriting. Call Normandy directly to discuss your specific situation.
Is a full appraisal always needed?
Not always — an appraisal may be waived for closing depending on the property, LTV, and financials involved.