University Parc Residences, 7085 Nova Dr #313, Davie, FL, 33317

315,000(-6.35% )
$295,000Price
2Beds
2Baths
1,061SqFt

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Status:
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Parking: No info
Size: 1,061 ft2 / 99 m2
Price: $278 ft2 / $2,993 m2
Built: 2003
HOA: $346/MO
MLS Number: A11580196
View: Pool
On Site: 233 Days
Updated: 16 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: Pool
Price History
08/22/2024

Date

Price Reduced

Event

$295K

Price

-6.35%

Change Rate

$278 ft2 / $2,993 m2

Price Per

08/06/2024

Date

Price Reduced

Event

$315K

Price

-3.08%

Change Rate

$297 ft2 / $3,196 m2

Price Per

05/02/2024

Date

Listed

Event

$325K

Price

$306 ft2 / $3,297 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 #313 – Asking

$278/ft²

(+3%) from Closed Medium $/ft²

Closed Medium $/ft²

$271/ft²
Community $/Price Range (Closed) $271/ft² – $271/ft²
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