Price Reduced 9.23%

$295,000 ($278.04 per sqft)

Est. Mortgage $1,569/mo *

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Price History

$325,000
5/2/2024

$315,000
8/6/2024

$295,000
8/22/2024

7085 Nova Dr, #313, Davie, FL, 33317

7085 Nova Dr, #313, Davie, FL, 33317
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2 beds

2 Full baths

2003

Garden Apartment

1,061 sqft

Introducing a prime investment opportunity in Davie, FL! This 2-bedroom and 2-bathroom condo unit built in 2003 offers immediate returns for savvy investors. The property's prime location in the Fort Lauderdale area presents an attractive market for potential tenants. With its strong rental history and modern construction, this well-maintained low-rise is poised to deliver consistent returns and long-term value. Don't miss out on this turnkey investment is generating a 4.5% capitalization rate at its current rental rate. Similar units are renting at 16% premium which would turn this investment a 5.7% cap rate.

Status:

Active

Type:

Condo

Furnished Remarks:

Unfurnished

Complex:

UNIVERSITY PARC RESIDENCE

Garage:

Open

Heating:

Central

Cooling:

Central Air

Levels:

3

Common Charge:

$346 Monthly

Est. Taxes:

$4,620

HOA Fee

$346

Construction

Block

Utilities

Cable Available

View Description:

Pool

Amenities:

Pool

Days on Market:

173

Pet Allowed:

Yes

Pet Policy:

Conditional, Yes

Appliances:

Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer

Pool:

Association

MLS #:

A11580196

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of TIR PRIME PROPERTIES CORP. Phone: 305-944-5900