Updated 14-Unit Apartment
For Sale
$4,000,000
930 N 14th Court, Hollywood, FL 33020
Fully occupied multifamily property with renovated interiors, private parking, and annual leases near beaches and airport access.
Property Size10,529 SF
Price / SF$379.90
Days on Market147
Property Features for 930 N 14th Court
General Information
Standard status
Active
Size
10,529 SF
Property subtype
Multi-family
Occupancy
100%
Lease Term
[]
Units
Unit Mix
13 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
14
Parking per Unit
2
Amenities
security camera system
coin laundry facility
Building Details
Year Built
1965
Buildings
1
Listing Agency:
Regency Realty Services
Listed By:
Matan Morag PA · License #3124553
(561) 394-4600
Source:
Onesothebysrealty
Added: May 26
Changed: Oct 16
Last Checked: Oct 19 at 10:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regency Realty Services
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Investment Insights
Based on property information with market context.
This 14-unit apartment building was constructed in 1965 and has been updated with contemporary cabinetry, stainless steel appliances, granite or quartz countertops, and ceramic tile. The unit mix includes 13 spacious one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment. Residences are equipped with central HVAC and electric water heaters, while impact-rated windows and newer impact doors serve every unit. A security camera system and coin-operated laundry room are also part of the property.
The building sits in Hollywood east of US1, near Hollywood Beach Golf Club, restaurants, shopping, and area beaches. Fort Lauderdale Airport is a short drive away. The property is 100% occupied with annual leases, and parking is provided at two spaces per unit. The elevated site and large one-bedroom floor plans add practical features for residents and ownership.
The building sits in Hollywood east of US1, near Hollywood Beach Golf Club, restaurants, shopping, and area beaches. Fort Lauderdale Airport is a short drive away. The property is 100% occupied with annual leases, and parking is provided at two spaces per unit. The elevated site and large one-bedroom floor plans add practical features for residents and ownership.
Key Highlights
- 14‑unit apartment building with 13 one‑bedroom and 1 two‑bedroom residence
- 100% occupied with annual leases
- Updated interiors include cabinetry, stainless steel appliances, granite or quartz countertops, and ceramic tile
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,497
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,940
$3.5M
Cap Rate 7%
$2,507,100
$2.5M
Cap Rate 9%
$1,949,967
$1.9M
Market Conditions
NOI Build-Up for 10,529 SF
Gross rent
$334.8K $31.80/SF
− Vacancy
−$15.7K −$1.49/SF
EGI
$319.1K $30.31/SF
− OpEx
−$143.6K −$13.64/SF
NOI
$175.5K $16.67/SF
Area
Hollywood, FL
Vacancy
4.70%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,940
Cap Rate 7%
$2,507,100
Cap Rate 9%
$1,949,967
Alternative Uses
Best Use
Apartment 5plus
$2.51M
$2.19M – $2.92M
NOI $175,497 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.12M
$3.60M – $4.81M
NOI $288,326 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with renovated interiors, private parking, and annual leases near beaches and airport access.
Where is this apartment building located?
The property is located at 930 N 14th Court Hollywood, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 14‑unit apartment building with 13 one‑bedroom and 1 two‑bedroom residence; 100% occupied with annual leases; Updated interiors include cabinetry, stainless steel appliances, granite or quartz countertops, and ceramic tile
