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.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Tropical Elementary School
1500 SW 66th Ave
Distance between this listing and this school1.11 miles
Public District Grades KG-5
Middle School
3
/10
Seminole Middle School
6200 SW 16th St
Distance between this listing and this school1.05 miles
Public District Grades 6-8
High School
4
/10
South Plantation High School
1300 SW 54th Ave
Distance between this listing and this school1.71 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Tropical Elementary School
1500 SW 66th Ave
Distance between this listing and this school1.11 miles
Public District Grades KG-5
Nearby Schools
6
/10
Nova Dwight D. Eisenhower Elementary School
6501 SW 39th St
Distance between this listing and this school1.03 miles
Public District Grades KG-5
4
/10
Davie Elementary School
7025 SW 39th St
Distance between this listing and this school1.06 miles
Public District Grades PK-5
Assigned Schools
3
/10
Seminole Middle School
6200 SW 16th St
Distance between this listing and this school1.05 miles
Public District Grades 6-8
Nearby Schools
7
/10
Broward Virtual Instruction Program
6600 Nova Dr
Distance between this listing and this school0.50 miles
Public District Grades KG-8
6
/10
Nova Middle School
3602 College Ave
Distance between this listing and this school0.95 miles
Public District Grades 6-8
Assigned Schools
4
/10
South Plantation High School
1300 SW 54th Ave
Distance between this listing and this school1.71 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Broward Virtual Franchise
6600 Nova Dr
Distance between this listing and this school0.50 miles
Public District Grades 6-12
10
/10
William T. Mcfatter Technical Center
6500 Nova Dr
Distance between this listing and this school0.67 miles
The neighbors living near this home have an average income of $64,821. Typical income of Davie, FL residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7085 Nova Dr Unit 313
What is the listing price of this property?
The listing price of 7085 Nova Dr Unit 313 property is $325,000.
What type of property is this?
The property 7085 Nova Dr Unit 313 is a condo located in Davie, Florida, 33317.
Is this property for sale now?
Active Listing: 7085 Nova Dr Unit 313 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7085 Nova Dr Unit 313 are: Tropical Elementary School: GreatSchools Rating 7/10Seminole Middle School: GreatSchools Rating 3/10South Plantation High School: GreatSchools Rating 4/10
How many bedrooms and bathrooms does this property have?
The property at 7085 Nova Dr Unit 313 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 7085 Nova Dr Unit 313 is 1,061 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7085 Nova Dr Unit 313 is 2003.
This home is located at 7085 Nova Dr Unit 313 in Davie, FL and zip code 33317. This 1,061 square foot home was built in 2003. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $325,000.
In April 2024 more than 5 listings in Davie, FL were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 44 were sold below. Between March 2024 and April 2024, Davie, FL real estate market has seen increase in the number of listings by 12.7%. In April 2024 median list price was $503,333 and the average listing age was 48 days.
From Rocket Homes Real Estate and based on county public records data.