Apartment Building with Impact
For Sale
$4,000,000
930 N 14th Court, Hollywood, FL 33020
Residential Income, Hollywood, FL
Property Size10,529 SF
Lot Size0.24 Acres
Price / SF$379.90
Days on Market93
Property Features for 930 N 14th Court
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RM
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Pets allowed
Yes
Exterior features
Courtyard
Subdivision
HOLLYWOOD COUNTRY CLUB DISTRICT
Lot features
Room for Pool
Elementary school
Hollywood Central
Middle school
Olsen
High school
South Broward
Standard status
Active
APN
514210190460
Size
10,529 SF
Lot size
0.24 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
4
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 13
Last Checked: Sep 18 at 1:06PM
MLS# B26042634
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 building contains 10,529 square feet on a 0.24-acre parcel and was built in 1965. The unit mix includes thirteen 1-bedroom, 1-bath residences and one 2-bedroom, 1-bath residence. Recent updates include cabinetry, stainless steel appliances, granite or quartz countertops, ceramic tile, impact windows, and impact doors. Each residence has central HVAC and an electric hot water tank. The property also includes a courtyard, security camera system, coin laundry facility, and parking at two spaces per unit.
Located at 930 N 14th Court in Hollywood, the property is east of US1 and near Hollywood Beach Golf Club, restaurants, shopping, and beaches. Fort Lauderdale Airport is minutes away. The building is zoned RM, served by public water and public sewer, and all units are reported 100% occupied under annual leases.
Located at 930 N 14th Court in Hollywood, the property is east of US1 and near Hollywood Beach Golf Club, restaurants, shopping, and beaches. Fort Lauderdale Airport is minutes away. The building is zoned RM, served by public water and public sewer, and all units are reported 100% occupied under annual leases.
Key Highlights
- 14‑unit apartment building with 10,529 square feet on 0.24 acres
- Unit mix includes thirteen 1/1 units and one 2/1 unit
- 100% occupied with 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
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily property with central HVAC, ceramic tile, security cameras, and on-site coin laundry.
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 10,529 square feet on 0.24 acres; Unit mix includes thirteen 1/1 units and one 2/1 unit; 100% occupied with annual leases
