930 N 14th CT, Hollywood, FL 33020
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930 N 14th CT, Hollywood, FL 33020
930 N 14th CT, Hollywood, FL 33020
930 N 14th CT, Hollywood, FL 33020
930 N 14th CT, Hollywood, FL 33020
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Sofia Nina

Sofia Nina

+1(754) 277-0580
$ 4,000,000
Est. payment /mo
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Active

930 N 14th CT Hollywood, FL 33020

14 Baths

10,529 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,529 sqft

Price per Sqft $379

MLS Listing ID R11013720

Construction Status Resale

HOA Y/N No

Year Built 1965

Annual Tax Amount $39,337

Tax Year 2023

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Multi Family

Property Description

Rare 14-Unit building in the heart of Hollywood. Well-maintained. Modern updated recently including cabinetry, stainless steel appliances, granite or quartz counter tops, modern ceramic tile. Units include central HVAC units & electric hot water tanks. All units feature impact windows & new impact doors. The 1br/1ba units are large and can potentially be converted to add another room or den! Seller Financing Available! 100% occupied! 13 large 1/1 units & 1 large 2/1 unit. Building has security camera system & coin laundry facility. Property has high elevation & ample parking at 2 spaces per unit. All annual leases. Excellent income producing property in Hollywood east of US1 near Hollywood Beach Golf Club, close to to restaurants, shopping, beaches, minutes to Fort Lauderdale Airport. All units are annual leases. Market rents for the 1br/1ba units are $2,100-$2,200. New tenants leasing in the $2,100-$2,200 range. Asking current cap rate is ~6.40%. Excellent very well-maintained and modern renovated building. 13 of 14 units updated. The unit that is not updated is in very good shape with a very long term tenant who helps watch over the building. Seller raising rents to $2,100-$2,200 for each 1/1 unit as leases expire. Pro forma gross income is $378,600+ for 2024+ and current/actual EGI is $365,400 with a NOI of $294,454. Room to add pool in the courtyard area. Seller negotiable.

Location

State FL

County Broward

Area 3030

Zoning RM-12

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Fireplace No

Exterior

Utilities Available Cable Available

Amenities Available Beach Access

Water Access Desc Public

Roof Type Composition

Building

Lot Description Central Business District, City Lot, On Golf Course

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block,Concrete

New Construction No

Construction Status Resale

Others

Tax ID 514210190460

Security Features Fire Alarm,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Virtual Tour https://www.propertypanorama.com/930-N-14th-Court-Hollywood-FL-33020--RX-11013720/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Matan Morag PA Regency Realty Services

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Sofia Nina

Sofia Nina

Advisor | License ID: 3524728

+1(754) 277-0580

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930 N 14th CT