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1940 Adams Street

Hollywood, FL 33020
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Bed 4

Bed

Bath 4

Bath

SqFt1,798

Sqft

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 fr om 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $899,900

AD Id : 81995159

MLS Id : A12029788

Beds : 4

Living Area Size : 1,798

Year Built : 1954

County : Broward

Subdivision: Hollywood

  • Map Map

Map

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Feature Features

  • Interior Features

    Roof: Flat
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, SeparateMeters Has Cooling: Yes Cooling: CentralAir, Electric, WallWindowUnits

  • Building Information

    Year Built: 1954
    Building Area Total: 1958
    Construction Materials: Brick
    Private Pool: No
  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Lot Description: InteriorLot

    Property Information

    Subdivision: HOLLYWOOD Source Property Type: ResidentialIncome Postal Code Plus 4: 5570 Property SubType: Triplex Property Age: 72

  • Listing Price Information

    Listing Price: $899900
    Cash, Conventional, FHA, VaLoan

  • Tax Information

    Parcel Number: 514215016420 Tax Year: 2025 Annual Tax: $17189 Tax Legal Desc: HOLLYWOOD 1-21 B LOT 26 BLK 32

  • Parking Information

    Parking Total: 6

  • School Information

    Elementary School: Hollywood Central Junior High School: Olsen Senior High School: South Broward
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1218 N 24th Ave, Hollywood, FL, 33020 $579,000 3 2 1,814 1,814 SqFt
1916 - 1918 Grant Street, Hollywood, FL, 33020 $749,000 -- -- 2,975 2,975 SqFt
1914 Sheridan Street #1-2, Hollywood, FL, 33020 $645,000 3 2 1,684 1,684 SqFt
2240 Simms St, Hollywood, FL, 33020 $850,000 8 4 2,400 2,400 SqFt
2525 N 23rd Ave, Hollywood, FL, 33020 $564,900 4 2 1,594 1,594 SqFt
1116 S 17th Avenue, Hollywood, FL, 33020 $795,000 5 5 2,688 2,688 SqFt
2322 Taft St, Hollywood, FL, 33020 $575,000 3 2 2,281 2,281 SqFt
2033 Dewey St, Hollywood, FL, 33020 $759,000 4 4 2,034 2,034 SqFt
2620 Harding Street, Hollywood, FL, 33020 $665,000 3 3 1,551 1,551 SqFt
1842 Madison St, Hollywood, FL, 33020 $1,350,000 9 6 4,001 4,001 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/11/2026 @ 22:44

MLS: A12029788 LISTED BY: Natacha Bednarczyk, Redfin Corporation 617-458-2883 SOURCE: Beaches MLS

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