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7085 Nova Dr Unit 313, Davie, Florida 33317

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Active For Sale
$295,000
  • Beds 2
  • Baths 2
  • Sq Ft 1,061 Sqft
  • Visits: 16 in 205 days

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.

Features

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Patio: Balcony, Screened
  • Parking: Open
  • Furnished: Unfurnished

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Davie
  • Subdivision: UNIVERSITY PARC RESIDENCE
  • Zipcode: 33317
  • Street: Nova Dr
  • Street Number: 7085
  • Floor Number: 0
  • Longitude: W81° 45′ 25.9”
  • Latitude: N26° 5′ 21.5”
  • UnitNumber: 313
  • MLS Area: 3780

MLS Addon

  • Architectural Style: Garden Apartment
  • Association Amenities: Pool
  • Association Fee: $346
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds
  • Close Price: $0
  • Exterior Features: Balcony
  • Flooring: Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, Walk-in Closet(s), Split Bedrooms, Vaulted Ceiling(s), Third Floor Entry
  • Listing Terms: Conventional
  • New Taxes Expense: $0
  • Stories Total: 3
  • Tax Annual Amount: $4,620
  • Tax Year: 2023
  • Utilities: Cable Available

Location

Listing Updated: 2024-11-04 23:55:16

  • Parent : 7085::Nova Dr:33317:Davie
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11580196
  • Price : $295,000
  • View : Pool
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 1,061 Sqft
  • Year Built : 2003
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 204
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