1940 Adams Street, Hollywood, FL 33020
Local realty services provided by:CENTURY 21 Move With Us
Listed by: natacha bednarczyk
Office: redfin corporation
MLS#:A12029788
Source:RMLS
Price summary
- Price:$899,900
- Price per sq. ft.:$459.6
About this home
Rare opportunity to own an income-producing triplex with future redevelopment potential. This property features one 2-bedroom, 2-bath unit on the first floor and two 1-bedroom, 1-bath units on the second floor. The two 1-bedroom units are leased annually and the 2-bedroom unit is on a month-to-month lease, providing flexibility for an owner-occupant. Renovated in 2023 and offered furnished, the property features porcelain flooring, a marble staircase and entrance, updated kitchen appliances, newer HVAC systems and window units (2024-2025), three water heaters installed in 2025, impact windows throughout except the front windows, keyless entry, security cameras, three separate electric meters, no popcorn ceilings, and parking. The roof was fully replaced in May 2026. Located just minutes from the beach, shopping, dining, and major expressways, this property offers more than just current income. Zoned PS-2 (Parkside Medium Intensity Multi-Family District), the property allows short-term rentals (Airbnb) creating additional income opportunities. The unique lot configuration, unlike neighboring properties, potentially allows for the construction of up to 9 units as the building is positioned toward the rear of the lot (Buyer to verify all redevelopment and zoning possibilities with the city). This triplex offers exceptional value in a growing area with opportunities to have immediate cash flow, short-term rentals or future development potential....
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Home facts
- Year built:1954
- Listing ID #:A12029788
- Added:5 day(s) ago
- Updated:June 14, 2026 at 02:56 PM
Rooms and interior
- Living area:1,798 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Wall Window Units
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Flat
- Year built:1954
- Building area:1,798 sq. ft.
- Construction Materials:Brick
- Exterior Features:Lighting
Schools
- High school:South Broward
- Middle school:Olsen
- Elementary school:Hollywood Central
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,900
- Price per sq. ft.:$459.6
- Tax amount:$17,189 (2025)
Parking
- Total parking spaces:6
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