7085 Nova Drive, Unit 211
$305,000
2
2
1,061
1,061
$287
Closed 7/30/24
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...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.
Property Details for 7085 Nova Drive, Unit 211
Subdivision
UNIVERSITY PARC RESIDENCE
Complex NameUniversity Parc
StyleCondo 1-4 Stories
WaterfrontNo
ViewGarden View
Unit ViewGarden View
Area3780
Geographic AreaDavie (3780-3790;3880)
LISTING UPDATED: 07/31/2024 10:43 AM
Property Details for 7085 Nova Drive, Unit 211
Status | Closed |
---|---|
MLS # | A11585020 |
Days on Market | 24 |
Taxes | $4,620 / year |
HOA Fees | $346 / month |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Condo/Co-Op/Villa/Townhouse |
Year Built | 2002 |
County | Broward County |
Building
Building Information for 7085 Nova Drive, Unit 211
Property Information for 7085 Nova Drive, Unit 211
Property History for 7085 Nova Drive, Unit 211
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7085 Nova Drive, Unit 211
Taxable ValueLand$26,550Additions$238,950Total$265,500
Tax Record2023$5,167 ($431 / month)
Home Facts
Beds2Total Finished SqFt1,061 SqFtAbove Grade Finished SqFt1,061 SqFtStyleCondominiumYear Built2003Year Renovated2004ZoningRAC-RTWCountyBROWARDAPN50-41-22-AE-0270
Schools near 7085 Nova Drive, Unit 211
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Tropical Elementary School PublicPK to 5 | ||
Seminole Middle School Public6 to 8 | ||
South Plantation High School Public9 to 12 | ||
McFatter Technical College and High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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