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.
Sold for $305,000 on 07/30/24
$305,000
7085 Nova Dr APT 211, Davie, FL 33317
2beds
1,061sqft
Townhouse
Built in 2003
-- sqft lot
$292,200 Zestimate®
$287/sqft
$2,305 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 31, 2024 at 07:46am
Listed by:
Mariano Saal 305-918-2627,
TIR Prime Properties Corp.
Bought with:
Judy Wolfman, 608347
E PRO Realty
Source: MIAMI,MLS#: A11585020
Originating MLS: A-Miami Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
- Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 1,061
- Total interior livable area: 1,061 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Entry location: Third Floor Entry
- Exterior features: Exterior Cat Walk, Balcony
- Pool features: Association
- Has view: Yes
- View description: Garden
Details
- Parcel number: 504122AE0270
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 2003
Community & neighborhood
Security
- Security features: No Security
Location
- Region: Davie
- Subdivision: University Parc Residence
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $346 monthly
- Amenities included: Pool
Other fees
- Application fee: $150
- Pet fee: $0
Other
Other facts
- Listing terms: Conventional
Services availability
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Estimated market value
$292,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$292,200