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Oak Park 9 Unit Apartment Complex

$2,050,000

630 NE 37 Street, Oakland Park, FL 33334

Active
Last Updated: 05/16/2025

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
Roof:    ["Composition"]
Floor:    ["Terrazzo Floor", "Tile"]
Cooling:    []
GrossIncome:    $208,304
Description:

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

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Today's Available Mortgage Rates

630 NE 37 Street, Oakland Park, Florida 33334

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 06/14/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$7,105 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. 54% LTV $0 Lender fees
Loan Amount $1,107,000 Loan Amount
Details
Agency*Lender #633
7 Year Fixed
30 Year Amortization
Interest rate 6.06% 7 Year Fixed
Mo. Payment$6,556 30 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. 53% LTV $8,500 Lender fees
Loan Amount $1,086,500 Loan Amount
Details
Agency*Lender #567
10 Year Fixed
30 Year Amortization
Interest rate 6.12% 10 Year Fixed
Mo. Payment$6,349 30 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. 51% LTV $10,000 Lender fees
Loan Amount $1,045,500 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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