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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

    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.

    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#: A11585020MLS LogoOriginating 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
    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

    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