$345,000 Price Analysis 7085 Nova Dr Apt 211Davie, FL 33317 2 bed 2 bath 1,061 SqFt ($325/SqFt) Built 2003 Listed 2024-05-09, HOA $346, Taxes $4,449 | Ⓧ USDA Ineligible due to location near 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-ris e 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 wuld turn this investment a 5.7% cap rate.
Presented by Mariano Saal at
TIR Prime Properties Corp.
Property MLS #A11585020 from MiamiMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $206,490 | $4,449 |
2021 | $168,950 + $18,770 $187,720 | $3,979 |
2020 | $unknown + $unknown $189,340 | $4,018 |
2019 | $154,920 + $17,210 $172,130 | $3,688 |
2018 | $unknown + $unknown $162,890 | $3,531 |
2017 | $137,050 + $15,230 $152,280 | $3,215 |
2016 | $121,170 + $13,460 $134,630 | $2,954 |
2015 | $115,450 + $12,830 $128,280 | $2,883 |
2014 | $unknown + $unknown $68,650 | $845 |
2013 | $unknown + $unknown $67,640 | $845 |
2012 | $unknown + $unknown $66,510 | $791 |
2011 | $unknown + $unknown $64,580 | $774 |
2010 | $unknown + $unknown $65,440 | $515 |
2008 | $unknown + $unknown $114,810 | $1,467 |
2007 | $unknown + $unknown $116,350 | $1,722 |
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.