1940 Adams Street Hollywood, FL 33020
1,798 Sqft, Triplex
AGENT'S REMARKS ABOUT 1940 ADAMS STREET
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.$885,000
| Living Area | 1,798 SqFt |
| Year Built | 1954 |
| Private Pool | No |
| Subdivision | HOLLYWOOD |
| MLS# | A12029788 |
| Listing Status | Active |
| Days on Market | 2026-06-09 |
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PROPERTY DETAILS
- Property Type: Triplex
- Approx Living Area: 1,798 SqFt
- Year Built: 1954
- Acreage: Interior Lot
- Stories: 2
- Roof: Flat
- Total Floors in Building: 2
- Construction: Brick
- Exterior Description: Lighting
- Cooling System: Central Air, Electric, Wall/Window Unit(s)
- Heating: Central, Electric, Separate Meters
- Utility Information: Cable Available
- County: Broward
- Area: 3050
- Subdivision: HOLLYWOOD
- Annual Property Taxes: $17,189
- Elementary School: Hollywood Central
- Junior High School: Olsen
- High School: South Broward
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MAP LOCATION FOR 1940 ADAMS STREET HOLLYWOOD, FL 33020
SIMILAR LISTINGS NEAR 1940 ADAMS STREET
Listing courtesy of Redfin Corporation 07.20.2026
If you are interested in this property at 1940 Adams Street or any other properties in Hollywood please contact The Rucco Group at (561) 737-0366.