University Parc Residence 2 bedroom Condo For Sale
7085 Nova Dr, Unit 313, Davie, FL 33317

$295,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11580196
  • Virtual Tour: YES
  • Unit Number:313
  • List Price: $295,000
  • Living Area: 1061 Ft² / 99 M²
  • Price Per Foot/Meter: $278 / $2,993
  • Bedrooms:2
  • Full Baths:2
  • Maintenance:$346
  • Taxes:$4,620
  • Year Built:2003
  • Listing Date:May 2, 2024
  • Days On Market:196

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.

Features


  • Floor:Tile
  • Interior Feature:BedroomOnMainLevel, SplitBedrooms, ThirdFloorEntry, VaultedCeilings, WalkInClosets
  • Exterior Feature:Balcony

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker