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$295,000

Beds
2
Baths
2.0
sq ft
1,061

7085 Nova Dr Unit 313, Davie, FL 33317

7085 Nova Dr Unit 313

Davie, FL 33317

  • 204 days on market
    • Price drop $20,000↓
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.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$279

Year built

2003

Annual property taxes

$4,620

Monthly HOA fee

$346

Price History

10/07/2024
SEF

SEF #A11580196

Listed
$295,000
09/24/2024
SEF

SEF #A11580196

Pending
$295,000
08/22/2024
SEF

SEF #A11580196

Price change
$295,000
-6.35%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 11/22/2024 at 5:20 PM

Listing updated: 11/04/2024 at 4:45 PM

Listed by: Mariano Saal, TIR Prime Properties Corp. Phone #: (305) 944-5900

MLS: SEF #A11580196

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