7085 Nova Dr Unit #313, Davie, FL 33317

$295,000
2
BD
2
BA
1,061
SqFt
List Price
$295,000
Price Change
▼ $20,000 1724349587
MLS#
A11580196
Complex Name
University Parc
Status
ACTIVE
Type
Condo
Bedrooms
2
Full baths
2
Living Area
1,061

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.

Additional Information

Days on Market
235
Interior Features
Third Floor Entry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
Tax Amount
$4,620
Parcel Number
504122AE0450
Bedroom Description
Entry Level
Exterior Features
Exterior Cat Walk, Screened Balcony
Association Fee
$346
Unit View
Pool Area View
Parking Restrictions
Open
Pet Restrictions
Restrictions Or Possible Restrictions
Pets Allowed
Yes
Unit Number
313
SqFt Liv Area
1,061
Amenities
Pool
Year Built
2003
Style
Condo 1-4 Stories, Condo
Restrictions
Corporate Buyer OK, No Daily Rentals, Ok To Lease, Okay To Lease 1st Year
Development Name
University Parc Residence, University Parc
Section
22

Listing Courtesy of TIR Prime Properties Corp., Contact: