Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
Baths • 14
SQFT • 10,529
Home Details
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.
Presented By: Regency Realty Services
Interior Features for 930 N 14th Court
Other Interior Features
FlooringCeramic Tile
Total Number of Units14
General for 930 N 14th Court
Area3030
AuctionNo
Built DescResale
ConstructionCBS, Concrete
CoolingCentral
For LeaseNo
Geo AreaHWEA - Hollywood East (3010-3050)
Geo Lat26.019763
Geo Lon-80.135514
HeatingCentral
Legal DescriptionHOLLYWOOD COUNTRY CLUB DISTRICT DIV A 8-15 B LOT 13, 14 BLK 3
LocationBeach Area, Central Business Dst, City, Golf Course
PossessionAt Closing, Funding
Property TypeE
RoofComp Shingle
StatusActive
Stories2.0
SubdivisionHOLLYWOOD COUNTRY CLUB DISTRICT
Tax Year2023
Tenant PaysElectric
Terms ConsideredCash, Conventional, Owner
TypeMultiFamily (5+ Units)
Type of BuildingIncome
UseIncome, Other
UtilitiesCable, Electric, Public Sewer, Public Water, Separate Meter
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Thank you for registering.
Are you currently working with one of these agents?
Ask A Question
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market.
Complete the form to get started on your journey to purchase your dream home.
Our lending partner has a wide variety of lending options available and advanced mortgage technology.
As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.