Closed

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

$275,000Price
2Beds
2Baths
1,061SqFt

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Details

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Status:
Sold - Jun 02, 2025
Parking: No info
Size: 1,061 SqFt (99 m2)
Price: $259/SqFt ($2,790/m2)
Type: Condo
Built: 2003
HOA: $346/MO
MLS Number: A11580196
View: Pool
On Site: 456 Days
Updated: 57 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
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, SplitBedrooms, ThirdFloorEntry, VaultedCeilings, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, Microwave, Refrigerator, SelfCleaningOven, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Year Built: 2003
  • Year Built Description: Resale
  • Style: GardenApartment
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-05-02T12:36:21.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: MaintenanceGrounds
    • Taxes: 4620
    • Parking Description: Open
    • Total Floors in Building: 3

    Price History

    06/02/2025

    Date

    Sold

    Event

    $275K

    Price

    0%

    Change Rate

    $259 ft2 / $2,790 m2

    Price Per

    03/31/2025

    Date

    Price Increased

    Event

    $275K

    Price

    1.85%

    Change Rate

    $259 ft2 / $2,790 m2

    Price Per

    01/20/2025

    Date

    Price Reduced

    Event

    $270K

    Price

    -8.47%

    Change Rate

    $254 ft2 / $2,739 m2

    Price Per

    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 Comps

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

    Unit #313 – Asking

    $259/ft²

    (-2%) 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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    Davie
    Entry-Level Homes & Condos

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