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1940 Adams St

hollywood, FL 33020

US$899,900

    Interested? Let's Connect

    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.

    Details

    1,798 Sq Ft

    investment

    US$1,432 Monthly Tax

    Built in 1954

    MLS/Listing ID A12029788

    HOLLYWOOD

    2 Stories

    3 Units

    Amenities & Features

    Heating - Electric

    Fenced

    Cooling - Central Air

    Cooling - Electric

    Cooling - Wall/window unit(s)

    Construction - Brick

    Public Sewer

    Partial Impact Glass

    Flat Roof with Facade Front

    Exterior Lights

    Style - Attached

    Blinds

    Lot - Interior Lot

    Estimate my mortgage

    TOTAL MONTHLY COST

    US$0

    • PRINCIPAL & INTEREST

      US$0

    • PROPERTY TAXES

      US$0

    • Common Charges

      US$0

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