1940 Adams Street Hollywood FL 33020

Address
1940 Adams Street, Hollywood, FL
Price
$ 899,900
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

Property vs Single Family Average in 33020

Price
AVG $520K
$900K
Taxes
AVG $9,783
$17,189
Year Built
AVG 1959
1954

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