Updated Apartment
For Sale
$4,000,000
930 N 14th Court, Hollywood, FL
Commercial Sale, Hollywood, FL
Property Size10,529 SF
Lot Size0.29 Acres
Price / SF$379.90
Days on Market93
Property Features for 930 N 14th Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-12
Parking
30
Subdivision
3030
Standard status
Active
APN
514210190460
Size
10,529 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLLYWOOD COUNTRY CLUB DISTRICT DIV A 8-15 B LOT 13,14 BLK 3
Tax Annual Amount
63978
Legal Description
HOLLYWOOD COUNTRY CLUB DISTRICT DIV A 8-15 B LOT 13,14 BLK 3
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
security camera system
coin laundry facility
Building Details
Year built
1965
Floors in Building
2
Number of units
14
Flooring type
Tile - Ceramic
Building materials
CBS, Concrete
Roof type
Shingle
Listing Agency:
Regency Realty Services
(561) 394-4600
Listed By:
Matan Morag PA · License #3124553
(561) 706-0095
Added: Jun 18
Changed: Sep 3
Last Checked: Sep 18 at 1:06PM
MLS# B26042612
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 14-unit apartment property contains 13 one-bedroom, one-bath residences and one two-bedroom, one-bath residence within a 10,529-square-foot building constructed in 1965. Interior improvements include cabinetry, stainless steel appliances, granite or quartz countertops, and ceramic tile flooring. Each residence has central HVAC, an electric hot water tank, impact windows, and impact doors. The property also includes a security camera system, coin-operated laundry, and parking at two spaces per unit. All leases are annual, and occupancy is 100%. RM-12 zoning applies to the 0.29-acre site, which is served by public water and public sewer.
The property is located in Hollywood, east of US1, near Hollywood Beach Golf Club, restaurants, shopping, and beaches. Fort Lauderdale Airport is a short distance away. The building has a shingle roof, CBS and concrete construction, and elevated site conditions.
The property is located in Hollywood, east of US1, near Hollywood Beach Golf Club, restaurants, shopping, and beaches. Fort Lauderdale Airport is a short distance away. The building has a shingle roof, CBS and concrete construction, and elevated site conditions.
Key Highlights
- 14‑unit apartment building with 13 large 1/1 units and 1 large 2/1 unit
- 10,529 square feet on a 0.29‑acre site; built in 1965
- 100% occupied with all annual leases
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$175,497
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Current Use
Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with renovated interiors, central HVAC, impact openings, and resident laundry facilities.
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 large 1/1 units and 1 large 2/1 unit; 10,529 square feet on a 0.29‑acre site; built in 1965; 100% occupied with all annual leases
