Seller's Agent in 2025
Mariano Saal
TIR Prime Properties Corp.
(305) 918-2627
3 in this area
47 Total Sales
University Park Condominiums 7085 Nova Dr Unit 313 Davie, FL 33317
Fern Crest Village Neighborhood
2
Beds
2
Baths
1,061
Sq Ft
$346/mo
HOA Fee
Highlights
- Vaulted Ceiling
- Community Pool
- Walk-In Closet
- Pool View
- Screened Balcony
- Tile Flooring
About This Home
As of June 2025Introducing 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.
Last Agent to Sell the Property
TIR Prime Properties Corp. License #0705607 Listed on: 05/02/2024
Last Buyer's Agent
Adam Kapit
EWM Realty International License #3288716
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,620
Year Built
- Built in 2003
HOA Fees
- $346 Monthly HOA Fees
Parking
- Open Parking
Home Design
- Garden Apartment
- Entry on the 3rd floor
Interior Spaces
- 1,061 Sq Ft Home
- 3-Story Property
- Vaulted Ceiling
- Tile Flooring
- Pool Views
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Screened Balcony
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 504122AE0450
Community Details
Overview
- 12 Units
- Low-Rise Condominium
- University Parc Condos
- University Parc Residence,University Parc Subdivision
Recreation
- Community Pool
Pet Policy
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2024
Closed on
May 27, 2025
Sold by
Ivy Snow Llc
Bought by
Siyaram Properties Llc
Seller's Agent
Mariano Saal
TIR Prime Properties Corp.
Buyer's Agent
Adam Kapit
EWM Realty International
List Price
$275,000
Sold Price
$275,000
Views
90
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,045
Avg. Annual Appreciation
2.68%
Purchase Details
Closed on
Aug 7, 2007
Sold by
Mckenzie Jeanine
Bought by
Ivy Snow Llc
Purchase Details
Closed on
Jan 27, 2003
Sold by
Sundance At Davie Inc
Bought by
Mckenzie Jeanine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,240
Interest Rate
5.95%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | None Listed On Document | |
| Warranty Deed | $189,000 | Signature Title Services Inc | |
| Special Warranty Deed | $117,800 | Us Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $94,240 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $275,000 | 0.0% | $259 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | Price Changed | $275,000 | 0.0% | $259 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $275,000 | +1.9% | $259 / Sq Ft |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | For Sale | $270,000 | -1.8% | $254 / Sq Ft |
| 02/03/2025 02/03/25 | Off Market | $275,000 | -- | -- |
| 01/20/2025 01/20/25 | Price Changed | $270,000 | -8.5% | $254 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $295,000 | 0.0% | $278 / Sq Ft |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | Price Changed | $295,000 | -6.3% | $278 / Sq Ft |
| 08/06/2024 08/06/24 | Price Changed | $315,000 | -3.1% | $297 / Sq Ft |
| 05/02/2024 05/02/24 | For Sale | $325,000 | 0.0% | $306 / Sq Ft |
| 02/01/2016 02/01/16 | Rented | $1,475 | -1.7% | -- |
| 01/10/2016 01/10/16 | Under Contract | -- | -- | -- |
| 12/29/2015 12/29/15 | For Rent | $1,500 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,910 | $226,570 | -- | -- |
| 2024 | $4,620 | $226,570 | -- | -- |
| 2023 | $4,620 | $187,260 | $0 | $0 |
| 2022 | $3,945 | $170,240 | $0 | $0 |
| 2021 | $3,530 | $154,770 | $0 | $0 |
| 2020 | $3,359 | $191,280 | $19,130 | $172,150 |
| 2019 | $3,092 | $172,130 | $17,210 | $154,920 |
| 2018 | $2,895 | $171,900 | $17,190 | $154,710 |
| 2017 | $2,637 | $105,720 | $0 | $0 |
| 2016 | $2,429 | $96,110 | $0 | $0 |
| 2015 | $2,314 | $87,380 | $0 | $0 |
| 2014 | $2,132 | $79,440 | $0 | $0 |
| 2013 | -- | $72,220 | $7,220 | $65,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mariano Saal
-
A
Buyer's Agent in 2025
Adam Kapit
EWM Realty International
-
Gay Farrell
G
Seller's Agent in 2016
Gay Farrell
TIR Prime Properties Corp.
(305) 944-5900
About University Park Condominiums
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11580196
APN: 50-41-22-AE-0450
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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