7085 Nova Dr #313, Davie FL 33317

UNIVERSITY PARC RESIDENCE

$325,000
2 Bedrooms
2 Bathrooms
1,061 SQFT
$306 / SQFT

Request Information

Thomas Pichet
Thomas Pichet
+1 561-945-4345
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$325,000
7085 Nova Dr #313, Davie FL 33317
UNIVERSITY PARC RESIDENCE
2 Beds
2 Baths
1,061 SQFT

Key Information

Unit 313
Floor 3
Year Built 2003
Building Name UNIVERSITY PARC RESIDENCE
City Davie
HOA Fee $346/Monthly
Price/sqft $306/sqft
DOM 18 Days
Status Active

Description

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

Property Information

  • Price: $325,000
  • Prices/sqft: $306/sqft
  • HOA Fee: $346/Monthly
  • Tax Year: 2023
  • Tax annual amount: $4,620

  • Property subtype : Condominium
  • Property type : residential
  • MLS # : A11580196
  • Stories: 3
  • View: Pool

  • Design Description: Garden Apartment
  • Construction: Block
  • Year Built Details: Resale

  • Pets Allowed: Conditional, Yes

  • Pool Features: Association

  • City: Davie
  • County: Broward County
  • State: FL
  • Parcel Number: 504122AE0450
  • Subdivision Complex Bldg: UNIVERSITY PARC RESIDENCE

  • Garage Spaces: 0.0
  • Parking Description: Open
  • Carport Spaces: 0.0

  • Heating Description: Central
  • Cooling Description: Central Air

  • Room Count: 0
  • Interior Features: Bedroomon Main Level, Split Bedrooms, Third Floor Entry, Vaulted Ceilings, Walk In Closets
  • Equipment Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Exterior Features: Balcony
  • Patio and Porch Features: Balcony, Screened

Contact

Thomas Pichet
Thomas Pichet
CEO & Broker
+1 561-945-4345
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