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7085 Nova Dr # 211, Davie FL 33317

Townhouse For Sale
$345,000

BTC: 5.08864493

ETH: 91.33628963

22 days
2 bds
2 ba
1,061 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Residential
Parking:
Open
Year Built:
2003
Lot:
No Data
Heating:
Central
Price/sqft:
$325
Cooling:
Central Air
HOA:
$346
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • Third Floor Entry

    • Split Bedroom

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Open

    Property

    • Exterior Features: Exterior Cat Walk / Screened Balcony

    Other Property Information

    • Parcel Number: 504122AE0270

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Other financial information

    • HOA: $346

    • HOA Frequency: Monthly

    • Annual tax amount: $4,620

  • Source details

    • MLS ID: A11585020

    Other facts

    • Architectural Style: Garden Apartment

    • Living Area: 1061

    • Subdivision Name: UNIVERSITY PARC RESIDENCE

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: TIR Prime Properties Corp.