930 N 14th Court Hollywood, FL 33020
Well-maintained 14-unit building in Hollywood, fully occupied.
Type:Special Purpose
Property size:
10,660 SFPrice / SF:
$393/SF- Added:
- Jul 19, 2023
- Days on Market:
- 1011
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 930 N 14th Court
General Information
- Standard status
- Active
- Size
- 10,660 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1965
Listing agent Matan Morag License #SL3124553
Listing office Regency Realty Services
Listing date Jul 19, 2023
Source Crexi
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
Overview
Hollywood Multifamily Investment Opportunity
This 14-unit building is located in Hollywood, east of US1 and near the Hollywood Beach Golf Club, with proximity to restaurants, shopping, beaches, and Fort Lauderdale Airport. The property features 13 one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. The one-bedroom units are spacious and have the potential for conversion to include an additional room or den. The building is well-maintained and has been recently updated with modern cabinetry, stainless steel appliances, and granite or quartz countertops, as well as modern ceramic tile. All units are equipped with central HVAC units and electric hot water tanks, and feature impact windows and new impact doors. The property is 100% occupied with all annual leases. Additional features include a security camera system and a coin laundry facility. The property has high elevation and ample parking, with two spaces per unit. The building has a courtyard area with room to add a pool. Thirteen of the fourteen units have been updated. The remaining unit is in good condition and occupied by a long-term tenant. The current EGI is $365,400 with a NOI of $294,454. Pro forma gross income is projected to be $378,600+ for 2024 and beyond.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1355226
- Latitude
- 26.0197723
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 14-unit building in Hollywood, fully occupied.
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 $4,200,000.
What are key features of this property?
This property features: High Income Producing Property: Current NOI of $294,454 with pro forma gross income of $378,600+ for 2024+ and current/actual EGI is $365,400.; 100% Occupancy: All 14 units are currently leased.; Updated Units: 13 of 14 units recently renovated with modern finishes including cabinetry, stainless steel appliances, granite or quartz countertops, and ceramic tile.
