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$42,000
● Condo - Off Market

#201D

Davie, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$106,619
RealtyHop Estimate
113.67%
Since Apr 1, 2010
National-US
Primary Model

About This Property

*REO* EXTREMELY WELL PRICED! 2/2 CORNER UNIT OVERLOOKING POOL AND CANAL! CLOSE PROXIMITY TO SCHOOLS/COLLEGES! WITHIN 10 MINS FROM UNIVERSITIES, DOWNTOWN, AND BEACHES! UNIT SHOWS IN AVERAGE CONDITION, HOWEVER ONE OF THE BATHROOMS HAS BEEN GUTTED AND NEEDS  FLOORING IN LIVING ROOM. *GREAT INVESTMENT*
Unit Size
1,144 Ft²
Days on Market
-
Land Size
-
Price per sqft
$44
Property Type
Condo
Property Taxes
$56
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Beaches MLS #F1047162)

Price History

Date / Event Date Event Price
Mar 3, 2010 Sold
Premium
Sold
Jan 5, 2010 Listed by Coldwell Banker Residential RE $49,900
Listed by Coldwell Banker Residential RE

Property Highlights

Parking Details
Parking Features: Assigned Parking
Interior Details
Full Bathrooms: 2
Interior Features: Other Interior Features
Appliances: Refrigerator, Electric Range, Disposal, Dishwasher
Flooring Type: Wood Floors, Concrete Floors
Exterior Details
Listing Terms: Other Terms
Construction Type: Cbs Construction
Exterior Features: Courtyard
Financial Details
Total Taxes: $672
Tax Year: 2008
Possession Information: Other
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Subdivision Complex Building: NOVA GARDENS
Water Access: None
Waterfront Description: Canal Width 1-80 Feet

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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BEACHES

Listed by: Chelsea Watson
Coldwell Banker Residential RE
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1047162
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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