7085 Nova Dr #313
Davie, FL 33317
$275,000
4 Price Changes
(-$ 50,000)
Active
20+
$275,000
Active
2
Bedrooms
2
Bathrooms
N/A
Half Baths
1,061
Size Sq. Ft.
340
DOM
7085 Nova Dr #313
Davie, FL 33317
2 Beds, 2 Baths, Condominium 1,061 Sq.Ft.
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 propertys 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. Dont 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.
Listing Summary
- Address 7085 Nova Dr #313
- City Davie
- County Broward
- Zip 33317
-
Price
$275,000
($259 / SqFt) - Status Active
- Subdivision University Parc Residence
- Pets Allowed Yes
- MLS® # A11580196
- Property Type Residential
- Property Sub TypeCondominium
- Status Active
- Square Feet 1,061
- Year Built 2003
- Waterfront No
- Maintenance Fees $346 Monthly
- Taxes $4,620
- Tax Year 2023
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11580196) is provided courtesy of (TIR Prime Properties Corp.). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-09-2025. IDX powered by Realty Net Media