How much is 1008 N 18th Court?

1008 N 18th Court is listed at $613,000, about $458 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 1008 N 18th Court?

The listing reports net operating income of $21,595 a year, a cap rate of about 3.5% at the $613,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 1008 N 18th Court zoned?

The listing reports zoning of ND-1. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 1008 N 18th Court?

The listing reports 1,337 square feet of building.

When was 1008 N 18th Court built?

1008 N 18th Court was built in 1924. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 1008 N 18th Court?

The listing reports annual property taxes of $8,377 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 1008 N 18th Court?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

1008 N 18th Court, Hollywood, FL 33020

$613,000 · $458 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $613,000
Price per sq ft: $458
Building size: 1,337 sq ft
Lot size: 5,227 sq ft
Zoning: ND-1
Year built: 1924
Units: 3
Stories: 1
Net operating income: $21,595/yr
Cap rate: 3.5%
Buildings: 1
Parking spaces: 4
Parcel ID: 514210140160
MLS#: A12112928

Top-down aerial view of the lot. at 1008 N 18th Court, Hollywood

About this property

Priced to sell. Hollywood triplex with in-place income and redevelopment potential, just west of Federal Highway (US-1). Three units, about 1,337 sq ft in total, on a 5,278 sq ft lot: a 2 bed/1 bath at $1,500/month, a 1 bed/1 bath at $1,590/month and a studio/1 bath at $1,200/month. Gross rents $4,290/month ($51,480/year), all month-to-month; the tenants would like to stay, knowing rents need to rise to market. Pro forma NOI about $21,595/year, with insurance estimated for a new owner (seller-reported, buyer to verify). Keep the income, bring rents to market, renovate, or live in one unit and rent the other two. Zoned ND-1 (North Downtown District). Directly across the street, a 1.4-acre Federal Highway site sold to a developer in January 2026. Buyer to verify permitted uses, density and square footage with the City of Hollywood. Moments from ArtsPark at Young Circle, Downtown Hollywood, the beach and I-95. Built in 1924 with classic Old Florida character. All appliances included. Sold as-is. A complete walkthrough video is available upon request. Showings by appointment only, after a written offer is submitted, with 24-hour notice to tenants. Please do not disturb the occupants or walk the perimeter. Some photos are digitally altered (virtual staging, possible improvements, AI concept renderings). Unaltered originals precede each one. No permits applied for. Also listed as Residential Income, ML# A12112305.

Building Features and Utilities

Block
Frame
Stucco

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
2 Bedroom	1	2 / —	—	$125/mo	—
2 Bedroom	1	2 / —	—	$125/mo	—
1 Bedroom	1	1 / —	—	$133/mo	—
1 Bedroom	1	1 / —	—	$133/mo	—
Efficiency	1	—	—	$100/mo	—
Efficiency	1	—	—	$100/mo	—

6 units. Reported rent $8,592 a year ($716 a month).

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross scheduled income	$51,480/yr
Gross income	$51,480/yr
Property taxes	$8,377/yr
Insurance	$7,000/yr
Maintenance and repairs	$2,400/yr
Other	$29,885/yr
Net operating income	$21,595/yr
Cap rate at asking price	3.5%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 1008 N 18th Court

Included: Building, Land, Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Daniel Uribe Meneses

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1008 N 18th Court or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Before You Make an Offer

Buying an apartment building

How to buy commercial real estate in Florida

Selling an Apartment Building?

Multifamily buyers underwrite the rent roll, the occupancy, the expenses, the insurance and the capital needs, and many tell BreakThru Realty the size and location they are buying. If you own an apartment building, a broker can check it against those requirements before you list and prepare the operating history buyers and their lenders will ask for.

Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 1008 N 18th Court

How much is 1008 N 18th Court?: 1008 N 18th Court is listed at $613,000, about $458 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 1008 N 18th Court?: The listing reports net operating income of $21,595 a year, a cap rate of about 3.5% at the $613,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 1008 N 18th Court zoned?: The listing reports zoning of ND-1. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1008 N 18th Court?: The listing reports 1,337 square feet of building.
When was 1008 N 18th Court built?: 1008 N 18th Court was built in 1924. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 1008 N 18th Court?: The listing reports annual property taxes of $8,377 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 1008 N 18th Court?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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