7085 Nova Dr #313 Active Save Request In-Person Tour Request Virtual Tour
Davie,FL 33317
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,061 sqft
Price per Sqft $278
Subdivision University Parc Residence
MLS Listing ID A11580196
Style Garden Apartment
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $346/mo
HOA Y/N Yes
Year Built 2003
Annual Tax Amount $4,620
Tax Year 2023
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.
Location
State FL
County Broward
Community University Parc Residence
Area 3780
Interior
Interior Features Bedroom on Main Level,Split Bedrooms,Third Floor Entry,Vaulted Ceiling(s),Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Appliance Dryer,Dishwasher,Microwave,Refrigerator,Self Cleaning Oven,Washer
Exterior
Exterior Feature Balcony
Pool Association
Utilities Available Cable Available
Amenities Available Pool
View Pool
Porch Balcony,Screened
Garage No
Building
Architectural Style Garden Apartment
Structure Type Block
Construction Status Resale
Others
Pets Allowed Conditional,Yes
HOA Fee Include Maintenance Grounds
Senior Community No
Tax ID 504122AE0450
Acceptable Financing Conventional
Listing Terms Conventional
Pets Description Conditional,Yes