Homes for sale - 7085 Nova Dr #313, Davie, FL 33317

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Mark Encaoua

encaoua@gmail.com +1(786) 354-0131

$ 295,000

Est. payment | -/mo

2 Beds

2 Baths

1,061 SqFt

Save Virtual Tour

$ 295,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,061 SqFt

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 Allowed Conditional, Yes

Listed by TIR Prime Properties Corp.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 354-0131

encaoua@gmail.com

2438 E Las Olas Blvd, Ft Lauderdale, Florida, 33301, USA

7085 Nova Dr #313 Davie, FL 33317