ActiveMLS# 1173801174159 days on market
$885,000
Price Reduced↓ $14,900
$492 / sq ft
1940 Adams Street
Hollywood, FL, 33020
0Bedrooms
0Bathrooms
1,798Sq Ft
1954Year Built
Call AgentView Map

About This Property

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.

Key Features

  • Built in 1954

Property Details

  • Type: Single Family Home
  • Year Built: 1954
  • Sq Ft: 1,798
  • Price / Sq Ft: $492
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: Built in 1954
  • Status: Active
  • MLS Number: 1173801174
  • Days on Market: 159
  • Listed By: Redfin Corporation · Natacha Bednarczyk
  • Zip Code: 33020
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
TruDeals Property Intelligence

Neighborhood & property insights

Schools, flood risk, noise, values, taxes, and environmental factors for this address. Layers that are not configured yet show an honest note — never another city's preview data.

Loading verified data for 1940 Adams Street, Hollywood, FL 33020…

AI Event Scout

What's happening in Hollywood

Checking verified local events…

$885,0001940 Adams Street, Hollywood, FL
Call Agent