6 months on rocket

7085 Nova Dr Unit 313, Davie, FL, 33317

$295,000

Home List Price

$3,503*

Closing Credit

2 Bedrooms
2 Full Baths
1,061 SqFt
$278/SqFt
Condo

Location

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7085 Nova Dr Unit 313, Davie$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOpen
Year Built2003
HeatingCentral
CoolingCentral Air
ViewPool
MLS #A11580196
StatusActive

About 7085 Nova Dr Unit 313

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Garden Apartment
  • Year Built: 2003
  • Living Area: 1,061 SqFt

Listing Office:

  • Office Name: TIR Prime Properties Corp.
  • Office Phone: (305) 944-5900
  • Listing Agent: Mariano Saal

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Split Bedrooms, Third Floor Entry, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Pool
  • Exterior: Balcony

Parking Information:

  • Parking: Open

Virtual/3D Tour

  • Virtual Tour: 7085 Nova Dr Unit 313
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $278/SqFt

HOA Fees:

  • Amount: $346
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Davie, FL.

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Davie, FL

City

Med. Sold Price

$535K

Med. Price/SqFt

$319

Avg. Days On Market

66

# of Sold Homes

47

7085 Nova Dr Unit 313 vs Davie

197 DAYS ON ROCKET

+131 Days

$295,000

-$240K Less

$278/SqFt

-$41 Less

KEY TAKEAWAY

This property is $240K less than the Median Sold Price and $41/SqFt less than other homes in Davie, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11580196

Listing Office:

  • Office Name: TIR Prime Properties Corp.
  • Office Phone: (305) 944-5900
  • Listing Agent: Mariano Saal

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,886

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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.

Nearby Schools

school-card-donut-455386
5
/10

  • Davie Elementary School

  • 7025 SW 39th St

  • 1.06 miles

  • Public District Grades PK-5

school-card-donut-455387
8
/10

  • Tropical Elementary School

  • 1500 SW 66th Ave

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-455388
6
/10

  • Nova Blanche Forman Elementary School

  • 3521 Davie Rd

  • 1.08 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,821. Residents of Davie, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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 $295,000.

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.

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.

Rocket Homes›Florida›Broward County›Davie›33317›7085 Nova Dr Unit 313

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 $295,000.

Over 2 listings were sold over their listed price in October 2024 in Davie, FL. In the same period over 37 listings were sold below the listed price and 8 listings were sold for the listed price. In October 2024 in Davie, FL there were 7.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $535,000, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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