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Price: $325,000 | 1,061 s.f. | 2 Beds | 2 Baths
| Listing Price: | $325,000 |
| Price per Square Foot: | $306.31/s.f. |
| Beds: | 2 |
| Baths: | 2 |
| Interior Space: | 1,061 s.f. (98.6 m²) |
| Total Size: | 1,061 s.f. (98.6 m²) |
| Monthly Maintenance Fee: | $346 |
| Taxes (2023): | $4,620 |
| Reference: | A11580196 |
| See this property on BHSUSA.com | |
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.
The MLS data provided for the property above (MLS#A11580196) is provided courtesy of TIR Prime Properties Corp.. Source: Southeast Florida MLS. Data updated 5/18/2024. Information is deemed reliable but not guaranteed. Copyright © 2024. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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