$325,000 Price Analysis    ♡   Davie, FL 33317 2 bed 2 bath 1,061 SqFt ($306/SqFt) Built 2003 Listed 2024-05-02, HOA $346, Taxes $3,945 | Ⓧ USDA Ineligible due to location near Davie |
Introducing a prime investment opportunity in Davie
FL! This 2-bedroom and 2-bathroom condo unit built in 2003 offrs 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.
Presented by Mariano Saal at
TIR Prime Properties Corp.
Property MLS #A11580196 from MiamiMLS
Full Bathrooms: 2
SplitBedrooms
ThirdFloorEntry
VaultedCeilings
WalkInClosets
Flooring: Tile
Dishwasher
Microwave
Refrigerator
SelfCleaningOven
Washer
Heating Features: Central
Heating: Yes
Patio And Porch Features: Balcony, Screened
Parking Features: Open
Association Amenities: Pool
Association Fee: 346
Association Fee Frequency: Monthly
Association Fee Includes: MaintenanceGrounds
Calculated Total Monthly Association Fees: 346
Pets Allowed: Conditional, Yes
Source Listing Status: Active
County: Broward County
Tax Year: 2023
Source Property Type: Residential
Property Subtype: condo
MLS Area Minor: Davie (3780-3790;3880)
Source Neighborhood: UNIVERSITY PARC RESIDENCE
Parcel Number: 504122AE0450
Postal City: Davie
Postal Code Plus 4: 8111
Subdivision: UNIVERSITY PARC RESIDENCE
Property Subtype: Condominium
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $170,240 | $3,945 |
| 2021 | $unknown + $unknown $154,770 | $3,529 |
| 2020 | $unknown + $unknown $140,700 | $3,358 |
| 2019 | $unknown + $unknown $127,910 | $3,091 |
| 2018 | $unknown + $unknown $116,290 | $2,894 |
| 2017 | $137,050 + $15,230 $152,280 | $2,636 |
| 2016 | $121,170 + $13,460 $134,630 | $2,429 |
| 2015 | $unknown + $unknown $87,380 | $2,314 |
| 2014 | $unknown + $unknown $79,440 | $2,132 |
| 2013 | $unknown + $unknown $72,220 | $1,748 |
| 2012 | $unknown + $unknown $67,710 | $1,587 |
| 2011 | $unknown + $unknown $64,580 | $1,516 |
| 2010 | $unknown + $unknown $65,440 | $1,565 |
| 2008 | $unknown + $unknown $114,810 | $3,560 |
| 2007 | $unknown + $unknown $116,350 | $1,975 |
$325,000
MiamiMLS
Listing removed 2016-02-02
$1,475
MiamiMLS
Listing removed 2016-01-10
$1,500
MiamiMLS
Listed for rent 2015-12-29
$1,500
MiamiMLS
Listing removed 2015-12-04
$1,500
MiamiMLS
Listing removed 2015-11-30
$1,500
AppfolioUnits
Listed for rent 2015-11-11
$1,500
AppfolioUnits
Listed for rent 2015-11-08
$1,500
MiamiMLS
Listing removed 2013-07-24
$1,325
MiamiMLS
Price Changed for rent 2013-06-18
$1,325
MiamiMLS
Listed for rent 2013-06-05
$1,350
MiamiMLS
Listing removed 2011-02-01
$1,200
MiamiMLS
Listing removed 2010-07-04
$1,200
MiamiMLS
Listed for rent 2010-06-18
$1,200
MiamiMLS
Sold 2007-08-07
$189,000
Public Record
Sold 2003-02-05
$117,800
Public Record
Year Built: 2003
Building Area Total: 1061
Construction Materials: Block
Entry Level: 3
Entry Location: 3
Property Age: 21
Property Attached: Yes
Building Total Stories: 3
House Style: Condo 1-4 Stories
Year Built Details: Resale
Architectural Style: GardenApartment
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.