1940 Adams St new Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood
MLS Listing ID A11845292
Year Built 1954
Annual Tax Amount $16,208
Tax Year 2024
Property Sub-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.
Location
State FL
County Broward
Community Hollywood
Area 3050
Interior
Heating Central,Wall Furnace
Cooling Central Air,Ceiling Fan(s),Wall/Window Unit(s)
Exterior
Pool None
Utilities Available Cable Available
Roof Type Flat
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Structure Type Frame,Stucco
Others
Acceptable Financing Cash,Conventional,FHA 203(k),FHA
Listing Terms Cash,Conventional,FHA 203(k),FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11845292