1301 SW 63rd Ter
- Plantation, FL 33317
- $1,185,000
- 4 Bed(s)
- 3.5 Baths
- 3,485 Sqft.
Basic Information
- MLS # A11578106
- Type Commercial
- Style MultiFamily
- Status Active
- Subdivision/Complex
- Year Built 2003
- Total Sqft 3,180
- Date Listed 04/29/2024
- Days on Market 18
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 propertys 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. Dont 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
Exterior Features
- Waterfront No
- Pool No
- Construction Type Block
- Parking Spaces 0
- Parking Description
Interior Features
- Adjusted Sqft 3,180
- Cooling Description CentralAir
- Floor Description Tile
- Heating Description Central,Electric
- Sqft 3,180
Property Features
- Address 7085 Nova Dr 112,211,313
- Aprox. Lot Size 3,180
- City Davie
- Construction Materials Block
- County Broward County
- Furnished Info No
- Listing Terms Conventional
- Occupant Type Tenant
- Postal City Davie
- Sewer Description PublicSewer
- Short Sale Regular Sale
- Stories 3
- HOA Fees $346
- Subdivision Complex
- Subdivision Info
- Tax Amount $4,620
- Tax Information UNIVERSITY PARC RESIDENCES CONDO UNIT 313 PER CDO BKPG: 32733567
- Tax Year 0
- Terms Considered Conventional
- Type of Property MultiFamily
7085 Nova Dr #112,211,313
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The multiple listing information is provided by the MIAMI ASSOCIATION OF REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present MIAMI ASSOCIATION OF REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: TIR Prime Properties Corp.
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