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7085 Nova Dr #313, Davie, FL 33317
$325,000
7085 Nova Dr #313, Davie, FL 33317View this property at 7085 Nova Dr #313, Davie, FL 33317
7085 Nova Dr #313DavieFL33317
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Property 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 its current rental rate. Similar units are renting at 16% premium which would turn this investment a 5.7% cap rate.
Full Property Details
Full Property Details for 7085 Nova Dr #313
General
- Price: $325,000
- HOA FEE: $346/month
- Taxes: $4,620 (2023)
- Status: Active
- Type: Condo
- MLS ID: A11580196
- Updated: 5/2/2024
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Third Floor Entry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self-Cleaning Oven, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Pool
- Maint. Includes: Landscaping/Lawn Maintenance
- Security/Safety: No Security
Exterior
- Exterior Features: Exterior Cat Walk, Screened Balcony
Parking
- Parking Features: Open
Location
- Area: University Parc Residence
- County: Broward County
- Subdivision: UNIVERSITY PARC RESIDENCE, University Parc
- Building Name: University Parc
Community
- Community Name: University Parc Residence
- Association: Yes
- Units Assoc/Comm: 12
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit, Garden Apartment
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Entry Floor Number: 3
- Building Size: 1061
- Square Feet: 1,061
- Living Area: 1,061 Sq. Ft.
- Year Built: 2003
Unit Information
- Units in Complex: 12
Lot Features
- Property View: Pool Area View
Financial Considerations
- Price Per Sq. Ft.: $306.31
- Association Fee: $346
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,620
- Tax Year: 2023
- Terms: Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Legal Description: UNIVERSITY PARC RESIDENCES CONDO UNIT 313 PER CDO BK/PG: 32733/567
- Restrictions: Corporate Buyer OK, No Daily Rentals, Ok To Lease, Okay To Lease 1st Year
- Property ID: 504122AE0450
Listed by TIR Prime Properties Corp.
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Schools
Schools serving 7085 Nova Dr #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 #313
Date
Details
Price
Change
Source
5/02/2024
Listed
$325,000
71.96%
MLS
8/07/2007
Sold
$189,000
—
Public Record
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 #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 #313
7085 Nova Dr #313, Davie, FL 33317 (MLS# A11580196) is a Condo property with 2 bedrooms and 2 full bathrooms. 7085 Nova Dr #313 is currently listed for $325,000 and was received on May 02, 2024. Want to learn more about 7085 Nova Dr #313? Do you have questions about finding other Condo real estate for sale in Davie? You can browse all Davie real estate or contact a Coldwell Banker agent to request more information.