Property details
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 & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Flooring
- Flooring: Tile
Heating
- Heating features: Central
Cooling
- Has cooling: Yes
- Cooling features: Central Air
Appliances
- Appliances included: N/A
Other interior features
- Virtual tour: Link
Property
Property
- Pool features: Association
- Private pool: No
- Exterior features: Balcony
- Patio & Porch details: Balcony, Screened
- View description: Pool
Other property information
- Parcel number: 504122AE0450
- Attached to another structure: Yes
Construction
Type & style
- Home type: Garden Apartment
Material information
- Construction: Block
Condition
- Year built: 2003
Community & Neighborhood
Location
- Region: Davie
HOA & Financial
HOA
- Has HOA: No
- HOA fee: 346
- Amenities included: Pool
Other financial information
- Buyer agency compensation: N/A
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