1940 Adams St, Hollywood, FL 33020

• 1,798 sqft

Property Description

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.

Listing Status:

Active

Date Added:

June 9, 2026

Data Last Updated:

July 26, 2026 at 7:08AM

Listing Office:

Redfin Corporation : 617-458-2883

Listing Agent:

Natacha Bednarczyk : 954-336-2200

MLS ID:

A12029788

Interior

• A/C: Central AirElectricWall/Window Unit(s)
• Heating: CentralElectric

Exterior

• General: Exterior Lights
• Style: Attached
• Parking: Parking spaces: 6

Construction

• Roofing: Flat Roof With Facade Front
• Windows: Partial Impact GlassBlinds
• General: Brick2

Location

• Originating MLS: Miami Association of REALTORS®
• County: Broward County

Lot

• Zoning: PS-2HOLLYWOOD 1-21 B LOT 26 BLK 32514215016420
• Fencing: Fenced

Utilities

• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®