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7085 Nova Dr 313, Davie, FL – $295,000

  • 2 Beds
  • 2 Baths
  • 1,061 Sqft
  • 195 DOM
  • 2 Beds
  • 2 Baths
  • 1,061 Sqft
  • 195 DOM

7085 Nova Dr 313

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.

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Essential Information

  • MLS® #A11580196
  • Price$295,000
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,061
  • Year Built2003
  • TypeResidential
  • Sub-TypeCondominium
  • StyleGarden Apartment
  • StatusActive

Community Information

  • Address7085 Nova Dr 313
  • Area3780
  • SubdivisionUNIVERSITY PARC RESIDENCE
  • CityDavie
  • CountyBroward
  • StateFL
  • Zip Code33317-8111

Amenities

  • AmenitiesPool
  • UtilitiesCable Available
  • ParkingOpen
  • ViewPool

Interior

  • InteriorTile
  • HeatingCentral
  • CoolingCentral Air

Appliances

Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer

Exterior

  • Exterior FeaturesBalcony
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofTIR Prime Properties Corp.
  • Date ListedMay 2nd, 2024
  • HOA Fees346
  • HOA Fees Freq.Monthly
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Price Change History for 7085 Nova Dr 313, Davie, FL (MLS® #A11580196)

Date Details Change
Price Reduced from $315,000 to $295,000 $20,000 (6.35%)
Price Reduced from $325,000 to $315,000 $10,000 (3.08%)