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$295,000   Price Analysis
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7085 Nova Dr Apt 313
Davie, FL 33317
2 bed 2 bath 1,061 SqFt ($278/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 offers immediate returns for savvy investors. Th e property's prime location in the Fort Lauderdale area presents an attractive market for potential tenants. With its strng 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.
Listing Agent Photo

Property MLS #A11580196 from MiamiMLS

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

BedroomonMainLevel
SplitBedrooms
ThirdFloorEntry
VaultedCeilings
WalkInClosets
Flooring: Tile

Dryer
Dishwasher
Microwave
Refrigerator
SelfCleaningOven
Washer

Cooling Features: CentralAir
Heating Features: Central
Heating: Yes

Balcony
Patio And Porch Features: Balcony, Screened

Pool Features: Association

Open Parking: Yes
Parking Features: Open

View: Pool

Association: Yes
Association Amenities: Pool
Association Fee: 346
Association Fee Frequency: Monthly
Association Fee Includes: MaintenanceGrounds
Calculated Total Monthly Association Fees: 346
Pets Allowed: Conditional, Yes

Unit Type: Corner Unit, Exterior Cat Walk, Garden Apartment

Application Fee: 150

Annual Tax Amount: 4620
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

YearAssessments
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

Price Changed 2024-08-22
$295,000
MiamiMLS
Price Changed 2024-08-06
$315,000
MiamiMLS
Listed 2024-05-02
$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

Total Square Feet Living: 1061
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

CableAvailable

Seminole Middle School is a public middle school located approximately 1 miles away.
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Tropical Elementary School is a public elementary school located approximately 1 miles away.
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South Plantation High School is a public high school located approximately 1.7 miles away.
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Ncc Academy is a private high school located approximately 0.7 miles away.
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Click Thumbnail Images To View Full Size
house_viewroad_viewunknownhouse_viewporch
living_roombedroomunknownbathroomunknown
living_roomlaundry_roombathroomliving_roomliving_room
laundry_roomdining_roomunknownkitchenunknown

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.