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- 1940 Adams St
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$950,000
1940 Adams St,
Broward
Listed on July 22, 2025
Triplex
MLS® # A11845292
Triplex
MLS® # A11845292
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
-
Parkings
6
Maintenance Fees
-
Annual Tax
$16,208
Description
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.
Random Penguin Capital Realty LLC
Features & Details
Learn about the features and details of 1940 Adams St
Property Details
- Property TypeTriplex
- Living Area-
- Year Built1954
- Lot Size-
- Stories-
- Annual Tax$16,208.00
- List Date7/22/2025
- Updated7/24/2025
- Last CheckedRecent
- MLS Number#A11845292
- BrokerageRandom Penguin Capital Realty LLC
- Postal Code33020
- AreaBroward
- CityHollywood
Additional Property Features
- OccupancyTenant
- List Price$950,000.00
- Unit Number-
- ConstructionFrame,Stucco
- HeatingCentral,WallFurnace
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCentral Air, Ceiling Fans, Wall Window Units
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2024
- AssignmentNo
- Extras IncludedNone
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 1940 Adams St
$0
20.0%
$950,000
1%
5.25%
10%
Estimated Monthly Payment
$4,554
Cash Flow Analysis
Mortgage Payment:
$4,554.28
Monthly Payment:
$5,904.95
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this impressive triplex in the heart of East Hollywood, Hollywood. Originally built in 1954. Offered at $950,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 1940 Adams St
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1940 Adams St