Address930 N 14Th Ct, Hollywood, FL, 33020
Price$4,700,000
- Commercial
- 10,529 SQ FT
- Built in 1965
SUPER RARE!! 14-Unit Building For-Sale in the heart of downtown Hollywood. Very well-maintained. High-end updated/renovated building. All units updated modern including cabinetry, stainless steel appliances, granite or quartz counter tops, modern ceramic tile. All units include central HVAC units & water heaters. All units feature impact windows & stunning new impact doors. All 1br/1ba units are so large they can be converted to 2br units! No vacancies! 13 huge 1br/1ba units & 1 huge 2br/1ba unit. Building has security camera system & coin laundry facility. Property has high elevation & ample parking. Excellent income producing property in Hollywood Lakes next door to Hollywood Beach Golf Club, east of US1 close to restaurants, shopping, beaches & minutes to Fort Lauderdale Int'l Airport.All units are annual leases. Market rents for the 1br/1ba units are $2,100-$2,200. Last 5 leases were rented in the $2,000-$2,200 range. New roof 2017. Asking cap rate is 5.07%. Excellent very well-maintained and updated modern renovated building. 13 of 14 units updated. Last unit that is not updated is in 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 this/next year 2023-2024. Room to add pool in the courtyard area.
Essential Information
- MLS® #RX-10905285
- Price$4,700,000
- Taxes$32,690 (2022)
- Square Footage10,529
- Acres0.29
- Price/SqFt$446 USD
- Year Built1965
- TypeCommercial
- Sub-TypeIncome, Other
- StyleIncome
- StatusActive
Community Information
- Address930 N 14Th Ct
- Area3030
- CityHollywood
- CountyBroward
- StateFL
- Zip Code33020
Subdivision
HOLLYWOOD COUNTRY CLUB DISTRICT
Utilities
3-Phase Electric, Cable, Public Sewer, Public Water, Separate Meter
Appliances
Building and Land, Fixtures
Amenities
Interior
- HeatingCentral
- CoolingCentral
- # of Stories2
Exterior
- Lot DescriptionMultifamily 14 Units
- RoofComp Shingle
- ConstructionCBS, Concrete
Additional Information
- Days on Website291
- ZoningRM
Listing Details
- OfficeRegency Realty Services
Price Change History for 930 N 14Th Ct, Hollywood, FL (MLS® #RX-10905285)
| Date | Details | Change | |
|---|---|---|---|
| Status Changed from Price Change to Active | – | ||
| Status Changed from Active to Price Change | – | ||
| Price Reduced from $4,790,000 to $4,700,000 | |||
| Status Changed from Price Change to Active | – | ||
| Status Changed from Active to Price Change | – | ||
| Show More (8) | |||
| Price Reduced from $4,850,000 to $4,790,000 | |||
| Status Changed from Price Change to Active | – | ||
| Status Changed from Active to Price Change | – | ||
| Price Reduced from $4,950,000 to $4,850,000 | |||
| Status Changed from Price Change to Active | – | ||
| Status Changed from Active to Price Change | – | ||
| Price Reduced from $5,249,000 to $4,950,000 | |||
| Status Changed from New to Active | – | ||
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