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.
View Virtual TourDryer, Dishwasher, Microwave, Refrigerator, Washer, Self Cleaning Oven
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of November 30th, 2024 at 8:01pm CST (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of RAMB.
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