1940 Adams St Hollywood, FL 33020
Parkside NeighborhoodEstimated payment $6,528/month
Highlights
- No HOA
- Central Heating and Cooling System
- Ceiling Fan
- Cooling System Mounted To A Wall/Window
About This Home
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.
Listing Agent
Random Penguin Capital Realty LLC License #3544623 Listed on: 07/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,208
Year Built
- Built in 1954
Parking
- 6 Parking Spaces
Home Design
- Triplex
- Frame With Stucco
- Flat Roof with Façade front
Interior Spaces
- 2-Story Property
- Ceiling Fan
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- 3 Units
- Hollywood Condos
- Hollywood Subdivision
Listing and Financial Details
- Assessor Parcel Number 514215016420
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $16,208 | $769,250 | $46,800 | $722,450 |
2024 | $6,582 | $722,050 | $46,800 | $675,250 |
2023 | $6,582 | $289,050 | $0 | $0 |
2022 | $6,069 | $271,080 | $0 | $0 |
2021 | $5,498 | $254,620 | $0 | $0 |
2020 | $5,117 | $246,680 | $0 | $0 |
2019 | $4,871 | $227,040 | $0 | $0 |
2018 | $5,218 | $248,720 | $46,800 | $201,920 |
2017 | $3,710 | $178,300 | $0 | $0 |
2016 | $3,513 | $169,070 | $0 | $0 |
2015 | $3,284 | $161,150 | $0 | $0 |
2014 | $3,408 | $123,120 | $0 | $0 |
2013 | -- | $115,430 | $46,800 | $68,630 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/22/2025 07/22/25 | For Sale | $950,000 | +14.2% | -- |
07/26/2023 07/26/23 | Sold | $831,600 | -2.2% | $382 / Sq Ft |
06/27/2023 06/27/23 | Pending | -- | -- | -- |
05/30/2023 05/30/23 | For Sale | $850,000 | +385.7% | $391 / Sq Ft |
03/06/2014 03/06/14 | Sold | $175,000 | +9.4% | $97 / Sq Ft |
02/07/2014 02/07/14 | Pending | -- | -- | -- |
01/29/2014 01/29/14 | For Sale | $160,000 | -- | $89 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $831,600 | None Listed On Document | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Warranty Deed | $175,000 | Attorney | |
Warranty Deed | $173,000 | -- | |
Warranty Deed | $124,000 | -- | |
Warranty Deed | $42,857 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $648,800 | New Conventional | |
Previous Owner | $20,110 | Credit Line Revolving | |
Previous Owner | $177,171 | Commercial | |
Previous Owner | $171,600 | FHA |
Source: MIAMI REALTORS® MLS
MLS Number: A11845292

APN: 51-42-15-01-6420
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