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 - Jul 30, 2024
Parking: No info
Size: 1,061 SqFt (99 m2)
Price: $287/SqFt ($3,094/m2)
Type: Townhouse
Built: 2003
HOA: $346/MO
MLS Number: A11585020
View: Garden
On Site: 448 Days
Updated: 365 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
Interior, Heating and Cooling
  • Interior Features: BedroomonMainLevel, SplitBedrooms, ThirdFloorEntry, VaultedCeilings, WalkInClosets
  • Equipment / Appliances: Dishwasher, Microwave, Refrigerator, SelfCleaningOven, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Year Built: 2003
  • Year Built Description: Unknown
  • Style: GardenApartment
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-05-09T17:10:58.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: MaintenanceGrounds
    • Taxes: 4620
    • Parking Description: Open
    • Total Floors in Building: 3

    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 Comps

    $100/ft²
    $100/ft²
    $300/ft²
    $400/ft²

    Unit #211 – Asking

    $287/ft²

    (+9%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $263/ft²
    Community $/Price Range (Closed) $245/ft² – $271/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.
    THINKING OF SELLING IN University Parc Residences at Davie?

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