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7085 Nova Dr , #313

Davie, FL 33317
  • $325,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: A11580196
$325,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,061
    SQFT
  • $306
    $/SQFT
Type:
Condo
Built:
2003
County:

School Ratings & Info

Description

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.

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-05-26T22:52:48.283.
www.djandlindsey.com/homes/150128770
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7085 Nova Dr , #313 Davie, FL 33317

  • Price: $325,000
  • Status: Active
  • On Site: 24 Days
  • MLS #: A11580196
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,061
SQFT
$306
$/SQFT
2003
Built
Neighborhood:
University Parc Residence,University Parc
County:
Broward
Area:
University Parc Residence
Property Description
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.
Exterior Features

Architectural Style Corner UnitGarden Apartment Carport Spaces 0 Covered Spaces 0 Exterior Features Exterior Cat WalkScreened Balcony Garage YN No Parking Features Open Pool Private YN No Property Attached YN Yes View Pool Area View View YN Yes Waterfront YN No

Interior Features

Adjusted Square Footage 1061 Appliances DishwasherDryerMicrowaveRefrigeratorSelf Cleaning OvenWasher Building Area Total 1061 Cooling Central Air Entry Level 3 Flooring Tile Furnished Unfurnished Heating Central Heating YN Yes Interior Features Third Floor EntrySplit BedroomVaulted Ceiling(s)Walk-In Closet(s) Room Bedroom Features Entry Level

Property Features

Association Amenities Pool Association Fee 346 Association Fee Frequency Monthly Association YN Yes Building Name University Parc Cooling YN Yes Horse YN No Listing Terms Conventional Maintenance Includes Landscaping/Lawn Maintenance Membership Purch Rqd YN No New Construction YN No Pets Allowed Restrictions Or Possible Restrictions Property Sub Type Condominium Public Survey Section 22 Restrictions Corporate Buyer OKNo Daily RentalsOk To LeaseOkay To Lease 1st Year Security Features No Security Structure Type Condo 1-4 StoriesCondo Tax Annual Amount 4620 Tax Year 2023 Type Of Association Condo Year Built Details Resale

Listing courtesy of TIR Prime Properties Corp.: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-05-26T22:52:48.283.
 
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DJ & Lindsey Real Estate
731 A1A Beach Boulevard
Saint Augustine FL, 32080