Davie Commons Apartments 3 Multifamily Properties Offered at $7,020,000 in Davie, FL
INVESTMENT HIGHLIGHTS
- 3-Building, 36-Unit Apartment Portfolio Located just East of Davie Road
- (24) One-Bedroom | One-Bathrooms and (12) Two-Bedroom | One-Bathrooms
- Proximate to Nova Southeastern University, Broward College and FAU Davie Campus
- Fannie Mae Loan Assumption available at 50% LTV and 3.575% Interest Rate
- Central A/C, Resealed Roofs (2025), New Exterior Paint (2025), On-Site Laundry, Ample Parking
- Next to Davie Business Center – a 7-Building, 1,000,000 Square Foot Flex Office Park
EXECUTIVE SUMMARY
Joseph Thomas, Alec Demetriou and the Thomas Team of Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Davie Commons Apartments, a 36-unit apartment portfolio located in Davie, Florida. The properties can be delivered with or without an assumable Fannie Mae mortgage with a balance of approximately $3,680,000, a fixed interest rate of 3.575% and a maturity date of August 1st, 2030. Please contact listing agents for more details.
Davie Commons Apartments is comprised of (3) twelve-unit apartment buildings located just east of Davie Road along Southwest 36th Court. The unit mix consists of (24) one-bedroom | one-bathroom apartments and (12) two-bedroom | one-bathroom apartments. Current ownership painted the properties and resurfaced all roofs in 2025.
5621 and 5661 Southwest 36th Court are adjacent two-story, 12-unit apartment buildings constructed in 1973 of concrete block and stucco. These properties total 15,046 square feet of living area and a 27,864 square-foot lot (total), according to the Broward County Property Appraiser. Units feature ceramic tile flooring, electric appliances, individual hot water heaters and central air conditioning. 5621 SW 36th Court includes a laundry room for residents and guests, as well as 21 parking spaces (1-handicapped). 5661 SW 36th Court includes a laundry room for residents and guests, as well as 20 parking spaces (1-handicapped).
5841 Southwest 36th Court is a two-story, 12-unit apartment building constructed in 1972 of concrete block and stucco. The property is comprised of 7,523 square feet of living area and is situated on a 14,134 square-foot lot, according to the Broward County Property Appraiser. Units feature ceramic tile flooring, electric appliances, individual hot water heaters and central air conditioning. The property includes a laundry room for residents and guests, as well as 21 parking spaces (1-handicapped).
Davie Commons Apartments is comprised of (3) twelve-unit apartment buildings located just east of Davie Road along Southwest 36th Court. The unit mix consists of (24) one-bedroom | one-bathroom apartments and (12) two-bedroom | one-bathroom apartments. Current ownership painted the properties and resurfaced all roofs in 2025.
5621 and 5661 Southwest 36th Court are adjacent two-story, 12-unit apartment buildings constructed in 1973 of concrete block and stucco. These properties total 15,046 square feet of living area and a 27,864 square-foot lot (total), according to the Broward County Property Appraiser. Units feature ceramic tile flooring, electric appliances, individual hot water heaters and central air conditioning. 5621 SW 36th Court includes a laundry room for residents and guests, as well as 21 parking spaces (1-handicapped). 5661 SW 36th Court includes a laundry room for residents and guests, as well as 20 parking spaces (1-handicapped).
5841 Southwest 36th Court is a two-story, 12-unit apartment building constructed in 1972 of concrete block and stucco. The property is comprised of 7,523 square feet of living area and is situated on a 14,134 square-foot lot, according to the Broward County Property Appraiser. Units feature ceramic tile flooring, electric appliances, individual hot water heaters and central air conditioning. The property includes a laundry room for residents and guests, as well as 21 parking spaces (1-handicapped).
PROPERTY FACTS
| Price | $7,020,000 |
| Price / SF | $311.05 / SF |
| Cap Rate | 5.55% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 22,569 SF |
| Total Land Area | 0.97 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5841 SW 36th Ct, Davie, FL 33314 | Multifamily | 7,523 SF | 1972 | - |
| 5621 SW 36th Ct, Davie, FL 33314 | Multifamily | 7,523 SF | 1973 | - |
| 5661 SW 36th Ct, Davie, FL 33314 | Multifamily | 7,523 SF | 1973 | - |
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