1940 Adams Street, Hollywood, FL 33020

$885,000 · Active

  • 0 baths
  • 1,798 sq ft
  • Triplex
  • Built 1954
  • MLS# A12029788
  • Hollywood
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About this home

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.

Features

Schools

  • Elementary: Hollywood Central
  • Middle: Olsen
  • High: South Broward

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Redfin Corporation · Listing agent: Natacha Bednarczyk

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1940 Adams Street.

Questions About 1940 Adams Street

How much is 1940 Adams Street?
1940 Adams Street is listed at $885,000, which is about $492 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1940 Adams Street?
The listing reports annual property taxes of $17,189 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1940 Adams Street built?
1940 Adams Street was built in 1954 and the listing describes its condition as resale updated/remodeled. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1940 Adams Street been on the market?
1940 Adams Street has been listed for 106 days, and the asking price has been reduced from $899,900. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1940 Adams Street?
The MLS lists Hollywood Central (elementary), Olsen (middle), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1940 Adams Street?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 1930 PIERCE Street 1-4, Hollywood, FL 33020 is comparable and listed for sale at $750,000. Another comparable home, 1706 Arthur Street, Hollywood, FL 33020, sold for $700,000 in September 2026. Hollywood neighborhoods include Hillcrest and Hollywood Beach. Nearby ZIP codes include 33019 and 33021. This property also neighbors Aventura, Sunny Isles Beach, and Bal Harbour. Compare it with the Hollywood housing market report.