Closed

University Parc Residences, 7085 Nova Dr #211, Davie, FL 33317

345,000(-11.59% )
$305,000Price
2Beds
2Baths
1,061SqFt

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Details

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Status:
Sold
Parking: No info
Size: 1,061 ft2 / 99 m2
Price: $287 ft2 / $3,094 m2
Type: Townhouse
Built: 2003
HOA: $346/MO
MLS Number: A11585020
View: Garden
On Site: 368 Days
Updated: 285 Days ago
Page Views: 0
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.

Features

Bedrooms
Bedrooms: 2
Bathrooms
Bathrooms: 2
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Balcony
View: Garden

Price History

07/30/2024

Date

Sold

Event

$305K

Price

-11.59%

Change Rate

$287 ft2 / $3,094 m2

Price Per

05/09/2024

Date

Listed

Event

$345K

Price

$325 ft2 / $3,500 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mariano SaalTIR Prime Properties Corp. • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$300/ft²
$400/ft²

Unit #211 – Asking

$287/ft²

(+7%) from Closed Medium $/ft²

Closed Medium $/ft²

$269/ft²
Community $/Price Range (Closed) $257/ft² – $287/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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