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Oak Park 9 Unit Apartment Complex

$2,050,000

630 Northeast 37th Street, Oakland Park, FL 33334

Active
Last Updated: 05/15/2025

107,039

NOI

7,140 sqft

Building Size

Details:
NOI:    $107,039
Building Size:    7,140 sqft
Lot Area:    19,597 sqft
Units:    9
Year Built:    1965
Zoning:    R-1
Floors:    2
Highlights:
  • Three blocks from major new developments along Dixie Hwy and various cafes, galleries, and shops.
  • Private expansive courtyard with many options for outdoor lounging and seating in garden area or poolside.
  • Great mix of apartment sizes with a huge 2/2 for a potential owner occupant.
Description:

Garden retreat oasis with fully fenced expansive courtyard featuring pool and many lounging/seating areas for all to enjoy. This corner property consists of 3 buildings on 2 lots just three blocks from the new downtown Oakland Park developments, Funky Buddha, along with many new cafes, galleries, & shops. Great mix of apartment sizes includes a spacious 2/2 with Florida Room that could be ideal for an owner/occupant. Units are remodeled with various premium upgrades and many apartments offer private patios. Building is also equipped with impact windows. There is a park across the street & others nearby including tennis. This complex is often a tenant’s first choice selection.

Note: Addresses include 602 & 630 NE 37 Street and 3660 & 3670 NE 6 Avenue.

Map:
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Today's Available Mortgage Rates

415 SE 12th Street, Fort Lauderdale, Florida 33316

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/20/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$8,537 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $1,330,000 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$8,488 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $1,306,250 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$8,569 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $1,306,250 Loan Amount
Largest Commercial Real Estate Lending
Location
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