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1940 Adams St, Hollywood, FL 33020
Offering:
For Sale
Location:
Hollywood, FL 33020
Subdivision:
HOLLYWOOD
Status:
Active
$885,000
Deemed reliable but not guaranteed.
Details
Year built:
1954
Levels:
Two
Stories:
2
Parking:
6 spaces
Days on market:
104
Cumulative days on market:
392
Annual tax (2025):
$17,189
Type:
Triplex
MLS ID
A12029788
Virtual tour:
Listed by:
Redfin Corporation (RDFN02)
Listing office phone:
617-458-2883
Listing office email:
Listing agent:
Natacha Bednarczyk (3460243)
Features
Utilities
Available:
Cable Available
Sewer:
Public Sewer
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.
Price history
$899,900 → $885,000
·
Reduced by
$14,900 (1.7%) · 2 price changes
Location
1940 Adams StHollywood, FL 33020
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MLS information
Last updated Sep 21, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
