1940 Adams St, Hollywood FL 33020

$950,000

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Overview

Year Built

1954

Property Type

Triplex

Property Description

Investor Alert! Prime location just 5 blocks from Downtown Hollywood's Young Circle and 5 minutes to the beach. Triplex includes two 1BD/1BA units upstairs and a spacious 2BD/2BA unit on the first floor. Property is partially furnished and features porcelain tile floors, European-style kitchens, and stainless steel appliances. Zoned for short-term rentals—ideal for Airbnb or seasonal income. First-floor unit can be converted into two 1BD/1BA units, generating up to $21K in additional annual income. Rents are currently below market, creating strong upside potential. Lot allows for up to 10 units—excellent redevelopment opportunity. Live in one and rent the rest, or maximize income as a short-term rental portfolio.

Property Details

MLS#

A11845292

Total Floor in Bldg

2

Building

HOLLYWOOD

Address

1940 Adams St

City

Hollywood

State/county

FL

Zip/Postal Code

33020

Area

Hollywood

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$16,208

Maint Fee

$--

Tax Year

2024

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Boris Gelfand