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Teresa Santana

tere@santanagroupre.com +1(954) 873-1586

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930 N 14th CT Hollywood, FL 33020

10,529 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 10,529 sqft

Subdivision Hollywood Country Club District

MLS Listing ID R11013727

Construction Status Resale

HOA Y/N No

Year Built 1965

Annual Tax Amount $39,337

Tax Year 2023

Property Sub-Type Quadruplex

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

Direction I-95 to Sheridan St or Hollywood Blvd then go north or south to Johnson St. Go East on Johnson. Turn on N 14th Ct. Property on the West side of N 14th Ct.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile

Fireplace No

Exterior

Exterior Feature Room For Pool

Utilities Available Cable Available, Sewer Available, Water Available

Amenities Available None

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Resale

Others

Pets Allowed No

Senior Community No

Tax ID 514210190460

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

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

Listed by Matan Morag PA Regency Realty Services

NEARBY SCHOOLS & PROPERTIES

Teresa Santana

CEO | comp3055437

+1(954) 873-1586

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Teresa Santana

930 N 14th CT Hollywood, FL 33020

Key Details

Location

Interior

Exterior

Building

Others

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