7085 Units Davie, FL 33317

This exceptional investment opportunity presents a two-unit multifamily property located at 7085 Nova Dr, Davie, FL 33317, in Broward County. Built in 2003, this two-story building offers a total of 3,180 square feet of net rentable space, currently boasting 100% occupancy. Each unit is priced at $295,000, with a total asking price of $590,000. The property's current cap rate stands at 4.50%, while the pro-forma cap rate projects a higher return of 5.69%, indicating significant potential for increased profitability. The property's location in Davie, Florida, within the desirable Fort Lauderdale area, ensures a strong rental market and consistent tenant demand. This well-maintained, core+ investment property offers a turnkey solution for investors seeking immediate returns and long-term value appreciation. The property's strong rental history and modern construction contribute to its appeal as a stable and reliable investment. This is a rare opportunity to acquire a high-performing multifamily asset in a prime location. The price per square foot is $185.53.