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$548,500
● Land - Off Market

Davie, FL
bedrooms
Studio
bathrooms
0 Bath
$760,045
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

1.06 Acres Land lot with a pond in highly sought-after community in Davie. A structure is currently on the property. Tall trees along both sides of the driveway. Seller does not make warranty on the structure. As-is purchase and Cash Buyer only. Buyer can demolish the current dwelling and build a new one or reinforce the existing dwelling and reconfigure the interior. Community showcases both huge mansions and farmhouses with stables lifestyles. Current dwelling is a 3bed 2bath with a 2 car garage around 2100SF.
Unit Size
-
Days on Market
-
Land Size
1.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$867
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #F10271180)

Price History

Date / Event Date Event Price
Apr 8, 2021 Sold
Premium
Sold
Feb 7, 2021 Listed by Premier Hotel Realty LLC $625,000
Listed by Premier Hotel Realty LLC

Property Highlights

Exterior Details
Waterfront Frontage: 50
Listing Terms: Cash Only
Lot Features: 1 To Less Than 2 Acre Lot
Development: Other Development Incl
Lot Number: 1
Financial Details
Total Taxes: $10,409
Tax Year: 2020
Possession Information: Before Closing
Location Details
Front Exposure: South
Subdivision Complex Building: DAVIE FARMETTES 72-10
Water Access: None
Waterfront Description: Pond Front

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

Similar Homes for Sale

Currently no similar homes around
BEACHES

Listed by: Candy Yeung
Premier Hotel Realty LLC
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10271180
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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