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1940 Adams StHollywood, FL 33020

For Sale

$950,000

Smart Buyer Rebate $9,500

Investor Alert! Prime location just 5 blocks from Downtown Hollywood's Young Circle and 5 minutes to the beach. Triplex includes two 1BD/1BA units upstairs and a spacious 2BD/2BA unit on the first floor. Property is partially furnished and features porcelain tile floors, European-style kitchens, and stainless steel appliances. Zoned for short-term rentals—ideal for Airbnb or seasonal income. First-floor unit can be converted into two 1BD/1BA units, generating up to $21K in additional annual income. Rents are currently below market, creating strong upside potential. Lot allows for up to 10 units—excellent redevelopment opportunity. Live in one and rent the rest, or maximize income as a short-term rental portfolio.

Listed by Patricia Sardinas

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License #3544623

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Random Penguin Capital Realty LLC

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980-875-7413

Last updated July 22, 2025

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Source: MIAMIRE #A11845292

Listing Facts

  • TypeMulti-family
  • NeighborhoodParkside
  • Days on Prevu47
  • Taxes$16,208/year

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

07/22/2025
Listed by Random Penguin Capital Realty LLC
$950,000

Property Details for 1940 Adams St

Association

General

  • Number Of Units In Community: 3

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Flat Roof With Facade Front
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Triplex
  • Year Built: 1954
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: HOLLYWOOD
  • Construction Materials: Frame With Stucco

Measurements

  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 514215016420
  • Tax Annual Amount: $16,208.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: HOLLYWOOD

Parking

Parking

  • Parking Total: 6

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Central, Window/Wall
  • Has Heating: Yes
  • Sewer: Public Sewer

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.