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7085 Nova Dr #112,211,313, Davie, FL 33317
$975,000
7085 Nova Dr #112,211,313, Davie, FL 33317View this property at 7085 Nova Dr #112,211,313, Davie, FL 33317
7085 Nova Dr #112,211,313DavieFL33317
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Property Description
Introducing a prime investment opportunity in Davie, FL! This condominium unit portfolio, built in 2002, boasts 100% occupancy across its 3 units, ensuring 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 in a thriving rental market. Current Cap rate is 4.5%, Proforma Cap rate at market rents is 5.69%
Full Property Details
Full Property Details for 7085 Nova Dr #112,211,313
General
- Price: $975,000
- HOA FEE: $346
- Taxes: $4,620
- Status: Active
- Type: Apartment
- MLS ID: A11578106
- Updated: 4/29/2024
- Added to Site: 16 day(s) ago
Business
- Business Type: Apartments
Rental Information
- Lease/Rent Term: 1 To 3 Year Lease
Interior
- Flooring: Tile
Location
- County: Broward County
Community
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C, Central Individual A/C
- Heating Type: Central Electric, Central Building A/C
Utilities
- Sewer: Public Sanitation
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Stories/Levels: 3
- Building Size: 3180
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 2003
Unit Information
- Units in Complex: 3
Lot Features
- Zoning: RAC-RTW
Financial Considerations
- Association Fee: $346
- Tax Amount: $4,620
- Terms: Conventional/Refinance
- Tenant Pays: Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Bylaws And Documents, Investment Analysis, Owner Managed, Photos, Rent Rolls
- Legal Description: UNIVERSITY PARC RESIDENCES CONDO UNIT 313 PER CDO BK/PG: 32733/567
- Inclusions: Leases
- Property ID: 504122AE0450
Listed by TIR Prime Properties Corp.
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Schools
Schools serving 7085 Nova Dr #112,211,313
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1500 Sw 66th Ave, Plantation, FL 33317 | PK-5 | 1 mi | |
6200 Sw 16th St, Plantation, FL 33317 | 6-8 | 1 mi | |
1300 Sw 54th Ave, Plantation, FL 33317 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7085 Nova Dr #112,211,313
Date
Details
Price
Change
Source
4/29/2024
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7085 Nova Dr #112,211,313
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,620
31%
$265,500
41%
2021
$3,530
-11%
$187,720
-16%
2022
$3,945
12%
$223,160
17%
2021
$3,530
14%
$191,280
50%
2019
$3,092
7%
$127,910
10%
2018
$2,895
10%
$116,290
-24%
2017
$2,637
9%
$152,280
13%
2016
$2,429
5%
$134,630
54%
2015
$2,314
9%
$87,380
10%
2014
$2,132
22%
$79,440
10%
2013
$1,748
—
$72,220
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7085 Nova Dr #112,211,313
7085 Nova Dr #112,211,313, Davie, FL 33317 (MLS# A11578106) is a Apartment property. 7085 Nova Dr #112,211,313 is currently listed for $975,000 and was received on April 29, 2024. Want to learn more about 7085 Nova Dr #112,211,313? Do you have questions about finding other Apartment real estate for sale in Davie? You can browse all Davie real estate or contact a Coldwell Banker agent to request more information.