1940 Adams St, Hollywood, FL
Listing courtesy of Redfin Corporation (Natacha Bednarczyk). Contact: [email protected].
About this property
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.
Property facts
- Sqft
- 1,958
- Year Built
- 1954
- Units
- 3
- Lot Size
- 0.1194 ac
- Secondary Type
- Multi-family, fewer than 10 units
- Location
- Hollywood, FL 33020
- County
- Broward County
- FEMA flood zone
- Zone X, moderate risk
- Ground elevation
- 7.8 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
- Distance to the coast
- 0.9 mi
Sources: FEMA National Flood Hazard Layer (panel 12011C0569J, effective 2024-07-31), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-03. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.
Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.
Listing data last updated Sep 21, 2026, 1:12 PM ET.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.
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