If you interested in purchasing or buying a condo, town home or property near the NSU college campus then you are in the right place to start your search. I am a local real estate expert who lives in Davie and knows the the best communities to buy for investments or to call home while you are attending college at Nova Southeastern University located in Davie, Fl.
The real estate market near the colleges are very strong despite what the rest of country is saying, there is not enough properties for the amount of students who attend school and you will see that condos, town homes and even single family homes sell very quick in this area.
Communities You Should Consider In Davie
Some of the popular communities near Nova Southeastern University include Sundance at Davie Condo, Courtyards at Davie, Royal Grand Condo, University Parc Residence, Pine Island Ridge, Rolling Hills Condo, Harvest Condominium, Jasmine Lakes Condo, Townhomes at Orange Drive , Whitehall at Pine Island Ridge, Arrowhead Condos just to name a few in Davie Florida. View available Davie Florida Condos For Sale
Buying With Cash Or Financing
You should expect to pay cash in most cases when buying in this market but financing is available for investors, second home buyers etc with a minimum of 30% down payment. Most lenders want the bigger down payments since the real estate market crashed some years ago. Primary buyers who plan on living in the condo can purchase with 10% down payment and some rare occasions some communities will be able to finance with 3% down conventional loan payment, call me for more details about a 3% down payment only if you are planning on living in the condo full time.
Communities Just A Few Minutes Farther Away
Now located within 10-15 minutes from the school you will find some great communities in Plantation Florida like Colonnades Condo, Polynesian Gardens Condo, Parc Village Condo, Lakes at Jacaranda, Lakes of Newport Condo just to name a few.
Prices You Can Expect To Pay
Prices for a 1 bedroom condo within 5-10 minutes of the colleges can go between $100,000.00 & upwards of $145,000.00 as of late 2017 . Prices for a 2 bedroom 2 bathroom condo will range from $120,000.00 & upwards of $170,000.00 and 3 bedrooms will range from $ 180,000.00 to $220,000.00. Prices in Plantation Florida average the same as Davie Florida, the only benefit is you will usually have more properties to choose from in Plantation due to the larger demand for condos near the college campus in Davie.
Prices vary from community to community and depends on age of property, if its investor friendly, overall condition of the property like is it remodeled or does it need a complete over hall.
Upcoming Rentals Near NSU
Most rentals will start coming available as we get closer to April & May of every year. Until the current NSU students graduate we generally do not see availability until that time frame. While most new students would love to secure a property months in advance It is just nearly impossible until new rentals are vacated.
What does this mean for new incoming students I always get asked, well if you are starting school lets say May 21st, then you can expect to start looking around April of every year. If a nice property / rental comes available I would advise you to jump on it because between April & June of every year there are not enough rentals vs new students at this time until the current students graduate and move out starting at the end of May / early June of every year.
If you have questions about renting near NSU please clink on the links or give me a call.
To find out whats available currently please email me and I will send you a complete list of active property listings that fit your price range and criteria.