1940 Adams Street Hollywood FL 33020
Property Attributes
- MLS#A12029788
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityHollywood
- Area3050
- NeighborhoodHOLLYWOOD
- Zip33020
- Style
- Year Built1954
- Taxes$ 17189
- Price$ 899,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1798
Data Source:
Beaches MLS (FL)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Hollywood Central Elementary School | Olsen Middle School | South Broward High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $899,900 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central,Electric,SeparateMeters |
| Cooling | CentralAir,Electric,WallWindowUnits |
| Utilities | CableAvailable |
| Possession | CloseOfEscrow,Negotiable |
| Roof | Flat |
| Construction Materials | Brick |
| Year Built | 1954 |
| Property Subtype | Triplex |
| Tax Year | 2025 |
| Gross Income | 5375 |
| County | Broward |
| New Construction | false |
| Property Type | ResidentialIncome |
| Subdivision Name | HOLLYWOOD |
| Status | Active |
| High School | South Broward |
| City | Hollywood |
| Number Of Units Total | 3 |
| MLS Area | 3050 |
| Elementary School | Hollywood Central |
| Tax Annual Amount | 17189 |
| Middle/Junior High School | Olsen |
| Property Condition | Resale,UpdatedRemodeled |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12029788 |
| Standard Status | Active |
| Property Sub Type Additional | Triplex |
| PostalCity | Hollywood |
| Legal Description | HOLLYWOOD 1-21 B LOT 26 BLK 32 |
Interior Features
| Total Stories | 2 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Exterior Amenities | Lighting |
|---|---|
| Fencing | Fenced |
| Lot Features | InteriorLot |
| Total Parking | 6 |
| Building Area Total | 1958 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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