UNIVERSITY PARC RESIDENCE
7085 Nova Dr # 211, Davie FL 33317
2 beds · 2 baths · 1,061 ft²
$345,000
Est. Payment $1,836/mo
2
Bedrooms
2
Bathrooms
1,061
Sq. Ft.
2003
Year Built
3
Stories
24
Days on Market
Description
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.
Facts
- MLS#
- A11585020
- Subdivision
- UNIVERSITY PARC RESIDENCE
- Property Type
- Residential
- Property Sub Type
- Townhouse
- Year Built
- 2003
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,061 ft²
- Sq. Mt.
- 99 m²
- Price per sq. ft.
- $325/ft²
- Price per sq. mt.
- $3,485/m²
- Stories
- 3
- Garage
- —
- Pool
- —
- Days on Market
- 24 days
- Listed
- May 9, 2024
- Last Updated
- Jul 31, 2024
- Price/Lot Sq.Ft.
- —
Market insights for Davie
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
47
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 7/31/2024 | Sold | $345,000 |
| 5/9/2024 | Listed for sale | $345,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Ruth K. Broad Bay Harbor K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 1.1 mi
- MAST@FIU
9,10,11,12 · public · 1.1 mi
- David Lawrence Jr. K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 1.6 mi
- Amikids Miami-Dade North
6,7,8,9,10,11,12 · public · 1.6 mi
- Alonzo And Tracy Mourning Senior High Biscayne Bay Campus
9,10,11,12 · public · 1.8 mi
- Beth Moshe Congregation
PK,KG · private · 1.9 mi
- Mater Academy Miami Beach
KG,1,2,3,4,5,6,7,8 · charter · 1.9 mi
- Temple Beth Moshe Preschool
PK,TK,KG,1 · private · 1.9 mi
- Lanaar Elementary School
1,2 · private · 1.9 mi
- St. Joseph's School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.9 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$2,274/mo
Principal & Interest
$1,836
Property Tax
$288
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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