7085 Nova Drive, Unit 112 211 313

$975,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing a prime investment opportunity in Davie, FL! This condominium unit portfolio, built in 2002, boasts 100% occupancy across its 3 units, ensuring 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 in a thriving...Introducing a prime investment opportunity in Davie, FL! This condominium unit portfolio, built in 2002, boasts 100% occupancy across its 3 units, ensuring 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 in a thriving rental market. Current Cap rate is 4.5%, Proforma Cap rate at market rents is 5.69%
  1. Listed by Mariano Saal • TIR Prime Properties Corp.

Property Details for 7085 Nova Drive, Unit 112 211 313

Waterfront
No
Area
3780
Geographic Area
Davie (3780-3790;3880)
Auction
No
Num Stories
3

Location

Listing Courtesy of TIR Prime Properties Corp.
Add your commute
LISTING UPDATED: 04/30/2024 12:00 AM

Property Details for 7085 Nova Drive, Unit 112 211 313

StatusActive
MLS #A11578106
Days on Market21
Taxes$4,620 / year
HOA Fees$346 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built2002
Lot Size0.00 AC / 0 SF
CountyBroward County

Building

UNIVERSITY PARC RESIDENCE

3 StoriesBuilt in 2002

Location

Listing Courtesy of TIR Prime Properties Corp.
Add your commute

Building Information for 7085 Nova Drive, Unit 112 211 313

Stories3Residences-Year Built2002Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$6,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$385

HOA Dues

$346

The Payment Calculator is for illustrative purposes only.

Property Information for 7085 Nova Drive, Unit 112 211 313

Location Information
Location Information
  • Parcel Number Free Text: 504122AE0450
  • Parcel Number MLX: 0450
  • MLS Area: 3780
  • Township Range: 50
  • Section: 22
  • Unit Count: 3
  • Zoning Information: RAC-RTW
General Information
General Information
  • Style of Property: Income Non-Waterfront
  • Prop Type-Type of Building: Apartments
  • Building Sq Ft: 3,180
  • Num Meters: 289
  • Approximate Lot Size: 0
  • Property Sq Ft: 0
  • Num Buildings: 1
  • Num Floors: 3
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
Additional Property Information
Utilities
  • Heating Description: Central Electric, Central Building A/C
  • Cooling Description: Central Building A/C, Central Individual A/C
  • Sewer Description: Public Sanitation
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 3
  • Tenant Pays: Interior Electric
Financial Information
Financial Information
  • Flood Zone: X
  • Information Available: Aerial Photo(S), Bylaws And Documents, Investment Analysis, Owner Managed, Photos, Rent Rolls
Agent / Office Information
Listing Information
  • Sale Includes INCL: Leases

Property History for 7085 Nova Drive, Unit 112 211 313

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7085 Nova Drive, Unit 112 211 313

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Tropical Elementary School
PublicPK to 5

Seminole Middle School
Public6 to 8

South Plantation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7085 Nova Drive, Unit 112 211 313 is a multi-family home for sale in Davie, FL 33317. This property was listed for sale on April 29, 2024 by TIR Prime Properties Corp., it's currently listed at $975,000. This listing's school district is Broward. Nearby schools include Tropical Elementary School, Seminole Middle School and South Plantation High School. 7085 Nova Drive, Unit 112 211 313 is a 0-bed, 0-bath, multi-family home built in 2002.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TIR Prime Properties Corp.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.