Licensed Florida real estate brokerage
Investment Property with a licensed agent in Davie, FL
Investment Property in Davie and the surrounding area, with a licensed real-estate professional. No obligation.
The typical Davie home dates from about 1988, according to the Census (ACS 5-year, 2022), and most homes here are owner-occupied. Buying a rental in Davie means planning around late-1980s concrete-block-and-stucco construction, concrete tile or shingle roofs, and the HOA-governed gated communities that are very common on the western side of town. The work involves a property search, comparable rents and sales, an offer, and getting insurance, flood and association answers before the inspection period ends.
A licensed real-estate professional, either Premier Real Estate Group Inc or a licensed agent we refer you to, will contact you by phone or email. We start with a free, no-obligation consultation and build a plan around what an investment purchase in Davie requires. We do not promise returns, rents or approvals.
Davie is low and canal-laced toward the Everglades, so flood zone status, high water tables and wind-driven rain belong in your analysis before you make an offer. Davie also keeps large-lot, equestrian and ranch-style zoning, and those properties come with outbuildings, long driveways and gates that add to inspection and insurance questions. A purchase as an investment also means the seller's homestead savings do not carry over, so property-tax reassessment should be part of your numbers. Many Davie communities are HOA-governed, so rental and short-term-rental restrictions can decide whether a property fits your plan at all.
What to know in Davie
Flood zone and flood insurance
Flood zones come from FEMA maps. A lender generally requires flood insurance in a Special Flood Hazard Area, and homes outside one can still flood. Standard homeowners policies generally exclude flood damage, so ask for a flood quote during the inspection period.
Roof age and insurability
With a median build year around 1988, many Davie homes are old enough that insurers may ask for a four-point inspection (roof, electrical, plumbing, HVAC). Roof age and condition are frequently the deciding factor in whether coverage is offered at all.
Wind-mitigation credits
Davie sits inside the hurricane belt (season June 1 to November 30). A licensed inspector can document roof-to-wall connections and impact-rated openings on form OIR-B1-1802, which may support premium credits. Amounts vary by insurer.
HOA rental and approval rules
HOA and condominium associations may require buyer or tenant approval and estoppel certificates. Read the rental and short-term-rental restrictions, the documents and the budget before you commit.
Condo milestone inspections and SIRS
Davie has condos alongside its townhomes and houses. For buildings three stories or taller, ask for the association's milestone inspection and structural integrity reserve study, since findings can lead to special assessments.
Reassessment and no homestead
An investment property does not get the homestead exemption or Save Our Homes cap. Verify the assessment rules with the Broward County Property Appraiser.
Moisture and storm wear
High humidity, a wet season from roughly May through October and afternoon thunderstorms wear on door bottoms, tracks, vents, gates and exterior metal. Include these items on your inspection checklist.
How we help
- Property searchWe search for single-family rentals, condos, townhomes and small multifamily that match your plan, and we flag association rental restrictions early.
- Comparable rents and salesA licensed professional reviews comparable rents and sales with you so your assumptions rest on market evidence. Outcomes depend on the property and the market, and we make no promises.
- Insurance and flood questionsWe help you line up flood and insurance questions, including four-point and wind-mitigation inspections, before the inspection period ends. Confirm coverage details with your insurance agent.
- Offers and contract termsWe help you prepare an offer and negotiate terms, including who pays each closing item, for financed or cash purchases.
- Closing coordinationWe help you track association documents, estoppels, lien searches and, for tenant-occupied property, leases and tenant estoppels. For entity purchases, the title company may require organizational documents and authority resolutions.
Florida rules and paperwork in Davie
Florida purchase contracts are often as-is with an inspection period. Sellers must give buyers a flood disclosure (s. 689.302, F.S.), and HOA or condo documents and approval processes apply where an association exists. Condo buildings three stories or taller need a milestone structural inspection at 30 years (s. 553.899, F.S.) and a structural integrity reserve study (s. 718.112(2)(g), F.S.). At closing, the documentary stamp tax on the deed is 70 cents per 100 dollars of the price (s. 201.02, F.S.). On a new mortgage, the note stamp tax is 35 cents per 100 dollars of the amount financed (s. 201.08, F.S.), and the nonrecurring intangible tax is 2 mills (s. 199.133, F.S.). Who pays each item is set by the purchase contract and is negotiable. Try the free Florida Doc Stamp & Closing Tax Calculator on this site at /tools/florida-closing-costs. Landlord-tenant and security deposit rules fall under Chapter 83, and short-term rentals may carry taxation, licensing and local registration rules. Investors buying for their own account are generally not required to be licensed, but managing or leasing property for others for compensation requires a Florida license. Verify license status with the Florida DBPR, Division of Real Estate (FREC), and confirm tax and legal questions with a Florida attorney, a CPA and the county property appraiser and tax collector.
Premier Real Estate Group Inc is a licensed Florida real estate brokerage (broker license BK3314523). Verify at Florida DBPR.
Timing and next steps
Davie demand spikes in May and June as residents prepare for hurricane season, and again from August through October after storms. A secondary bump comes in the dry snowbird months when seasonal residents reopen homes. Across Florida, acquisition activity tends to peak in winter and spring, fall often brings more motivated sellers, and 1031 exchange and year-end tax planning drive a fourth-quarter push. Because insurance and flood questions must be answered within the inspection period, it helps to talk before you write an offer. Call (888) 440-3766 or send a request with the form on the page for a free consultation.
We can help with investment searches in Davie areas such as Pine Island Ridge, Forest Ridge, Rolling Hills, Shenandoah, Ivanhoe, Hawkes Bluff, Long Lake Ranches and Old Davie / Downtown Davie, and in nearby Plantation, Cooper City, Southwest Ranches, Weston, Sunrise, Fort Lauderdale, Pembroke Pines and Hollywood.
Investment Property in Davie: common questions
- Does an investment property in Davie get the homestead exemption?
- No. Homestead applies to a primary residence, and the owner applies through the county property appraiser, generally by March 1 of the year after moving in. An investment property loses the homestead exemption and Save Our Homes benefit, and the seller's savings do not carry over to you.
- Why does the age of Davie homes matter for a rental purchase?
- Census data puts the median build year around 1988, so many homes are old enough that insurers may ask for a four-point inspection. Roof age and condition often decide whether coverage is offered. Ask your insurance agent what an insurer will require before you rely on a property.
- Can I rent out a home in a Davie HOA community?
- It depends on the association. HOA and condo associations may require tenant approval and may restrict rentals or short-term rentals. Review the documents before the inspection period ends, because we cannot promise approval.
- Do I need flood insurance on a Davie rental?
- A lender generally requires it in a Special Flood Hazard Area, and homes outside one can still flood. Davie's low, canal-laced terrain toward the Everglades makes it worth checking the FEMA flood map and getting a quote early.
- Which closing taxes apply when I buy?
- The statewide deed stamp tax is 70 cents per 100 dollars of the price. A financed purchase adds the note stamp tax of 35 cents per 100 dollars financed and an intangible tax of 2 mills. Who pays each item is negotiable in the contract.
Tell us what you're looking for — Davie
Budget, property type and area. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766