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$950,000
For Sale

1940 Adams St,

Broward

Listed on July 22, 2025

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 Type
    Triplex
  • Living Area
    -
  • Year Built
    1954
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $16,208.00
  • List Date
    7/22/2025
  • Updated
    7/23/2025
  • Last Checked
    Recent
  • MLS Number
    #A11845292
  • Brokerage
    Random Penguin Capital Realty LLC
  • Postal Code
    33020
  • Area
    Broward
  • City
    Hollywood

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $950,000.00
  • Unit Number
    -
  • Construction
    Frame,Stucco
  • Heating
    Central,WallFurnace
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air, Ceiling Fans, Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1940 Adams St

Real estate trends

View trends of price in Hollywood over the last 12 months

Explore Broward

Learn about the area around 1940 Adams St

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 beautiful 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

Miami Association of REALTORS®
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