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Davie Commons Apartments 3 Multifamily Properties Offered at $9,631,848 CAD in Davie, FL
INVESTMENT HIGHLIGHTS
- 3-Building, 36-Unit Apartment Portfolio Located just East of Davie Road
- EACH BUILDING IS INDIVIDUALLY METERED FOR WATER - TENANTS PAY
- Central A/C, Resealed Roofs (2025), New Exterior Paint (2025), On-Site Laundry, Ample Parking
- Available Free & Clear of Debt or Fannie Mae Loan Assumption at 3.6% Interest Rate
- MIx of (24) One-Bedroom | One-Bathrooms and (12) Two-Bedroom | One-Bathrooms
- Proximate to Nova Southeastern University, Broward College and FAU Davie Campus
EXECUTIVE SUMMARY
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 $3,530,000, 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. Average in-place rents are only $1,662 per month. Current ownership painted the properties and resurfaced all roofs in 2025.
5621 and 5661 Southwest 36th Court are adjacent two-story, twelve-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 or vinyl wood 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, twelve-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 or vinyl wood 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. Average in-place rents are only $1,662 per month. Current ownership painted the properties and resurfaced all roofs in 2025.
5621 and 5661 Southwest 36th Court are adjacent two-story, twelve-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 or vinyl wood 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, twelve-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 or vinyl wood 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 | $9,631,848 CAD | Number of Properties | 3 |
| Price / SF | $426.77 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 22,569 SF |
| Sale Type | Investment | Total Land Area | 0.97 AC |
| Status | Active |
| Price | $9,631,848 CAD |
| Price / SF | $426.77 CAD / SF |
| Cap Rate | 6% |
| 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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