Eric Miller
Cell: 954-383-8170
7085 Nova Dr 313, Davie
$325,000
2 Beds
2 Baths
1,061 Sqft
0 Acre
0 Garage
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.
Essential Information
MLS® #A11580196
Price$325,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,061
Acres0.00
Year Built2003
TypeCondo / Townhouse
Sub-TypeCondominium
StyleGarden Apartment
StatusActive
Community Information
Address7085 Nova Dr 313
Area3780
SubdivisionUNIVERSITY PARC RESIDENCE
CityDavie
CountyBroward County
StateFL
Zip Code33317-8111
Amenities
AmenitiesPool
UtilitiesCable Available
ParkingOpen
ViewPool
Interior
InteriorTile
HeatingCentral
CoolingCentral Air
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
Exterior
Exterior FeaturesBalcony
ConstructionBlock
Additional Information
Date ListedMay 2nd, 2024
Days on Market16
HOA Fees346
HOA Fees Freq.Monthly
Listing Details
Listing Courtesy ofTIR Prime Properties Corp.
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