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$3,195,000
$2,965,000
Sold

2206 Adams St

·

Broward

Sold on January 31, 2025

MultiFamily

MLS® # A11590560
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$20,501 sqft
Parkings
15
Maintenance Fees
-
Annual Tax
$31,896

Description

We are pleased to present 2206 Adams St, a turnkey 15-unit multifamily gem located just 2 minutes from Young Circle and downtown Hollywood. This fully renovated property includes one 3-bed/2-bath unit, five 1-bed/1-bath units, and nine spacious studio units, all featuring new flooring, modern kitchens, impact windows/doors, and stylish bathrooms. With central air, assigned parking, and individual electric meters, it ensures low expenses and maximum tenant convenience. Currently fully occupied, the property generates nearly $300,000 annually, with potential for increased returns by adjusting rents to market rates. Situated on a 20,500 sqft lot with DH-2 zoning, the property allows for up to 35 units, offering immediate returns and significant future potential.

Fausto Commercial Realty Consultants Inc

Features & Details

Learn about the features and details of 2206 Adams St

Property Details

  • Property Type
    MultiFamily
  • Living Area
    -
  • Year Built
    1965
  • Lot Size
    20,501 sqft
  • Stories
    -
  • Annual Tax
    $31,896.00
  • List Date
    5/21/2024
  • Updated
    6/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11590560
  • Brokerage
    Fausto Commercial Realty Consultants Inc
  • Postal Code
    33020
  • Area
    Broward
  • City
    Hollywood

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $3,195,000.00
  • Unit Number
    -
  • Construction
    Block,Other
  • Heating
    Central,Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • 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
    2023
  • 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 2206 Adams St

Virtual Tour

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Real estate trends

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Explore Broward

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Mortgage Calculator
Estimate monthly payments for 2206 Adams St
20.5%100%
Estimated Monthly Payment
$12,870
Cash Flow Analysis
Mortgage Payment:
$12,870
Monthly Payment:
$15,528
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this impressive multifamily in the heart of East Hollywood, Hollywood. Originally built in 1965. Offered at $3,195,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 2206 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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2206 Adams St