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| Asking Price | $885,000 |
|---|---|
| Price per SqFt | $492 |
| Maintenance fee | Inquire |
| Property Taxes | $17,189 2025 |
| Interior Space | 1,798 SqFt |
| Beds/Baths | —/— |
| Year Built | 1954 |
| Pool | No |
| MLS # | A12029788 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Redfin Corporation
Sales History for This Home · 1940 Adams Street, Hollywood, FL 33020
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| F10383047 | $831,600 | 7/26/23 |
| A1899743 | $175,000 | 3/6/14 |

Listed by Redfin Corporation. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Hollywood and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
