Price Check
How this price compares
- List price
- $885,000
- Price per sq ft
- $492
- Original price
- $899,900
- Days on market
- 106
This multi-family property in Hollywood is listed at $885,000, or $492 per square foot. The asking price has come down 1.7% from its original $899,900. It has been on the market for 106 days.
Estimated monthly payment
$4,651 /mo
Principal and interest only, based on $177,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $885,000
- Days on Site
- 106 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,798 sqft
- Total Sq Ft
- 1,958 sqft
- Year Built
- 1954
- Property Type
- Multi-Family
- MLS #
- A12029788
- Property Tax
- $17,189 (2025)
- Subdivision
- HOLLYWOOD
- County
- Broward
- Status
- Active
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.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1954
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 2
- Living Sq Ft
- 1,798
- Total Sq Ft
- 1,958
- Sewer
- Public Sewer
- Zoning
- PS-2
Interior Features
- Cooling
- Central Air / Electric / Wall Window Units
- Heating
- Central / Electric / Separate Meters
Exterior Features
- Construction
- Brick
- Roof
- Flat
- Exterior Features
- Lighting
- Lot Features
- Interior Lot
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- MLS Area
- 3050
Schools
- Elementary School
- Hollywood Central
- Middle School
- Olsen
- High School
- South Broward
About the Community
Hollywood is a community in Hollywood, Broward County, Florida. Active listings are priced from $620,000 to $1,400,000. Homes were built between 1924 and 2004. Pure Equity lists homes in Hollywood and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 44
- Median List Price
- $765,000
- Median $/Sq Ft
- $487
- Avg Days on Market
- 103
Frequently Asked Questions
- How do I schedule a tour of 1940 Adams Street, Hollywood, FL 33020?
- Use the Tour button on this listing to request a showing of 1940 Adams Street, Hollywood, FL 33020. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1940 Adams Street, Hollywood, FL 33020 still available?
- 1940 Adams Street, Hollywood, FL 33020 is currently listed as Active, and has been on the market 106 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1940 Adams Street, Hollywood, FL 33020?
- With 20% down ($177,000) on the $885,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1940 Adams Street, Hollywood, FL 33020 is about $4,651/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1940 Adams Street, Hollywood, FL 33020?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1940 Adams Street, Hollywood, FL 33020. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1940 Adams Street, Hollywood, FL 33020?
- 1940 Adams Street, Hollywood, FL 33020 is zoned for Hollywood Central (elementary), Olsen (middle), South Broward (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1940 Adams Street, Hollywood, FL 33020?
- Often, yes. The right offer on 1940 Adams Street, Hollywood, FL 33020 depends on how it's priced against comparable multi-family sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Redfin Corporation
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$885,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Natacha Bednarczyk, Redfin Corporation
Map & Location
Featured Communities
Cities in Broward County
Zip Codes in Broward County
Property Types
Recent Sales
Recently sold homes in Hollywood
These are the last 6 recorded closings in Hollywood, with the price each home actually sold for rather than what it was listed at. They closed at a median of $445 per square foot. The most recent closed on August 31, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$626,000
Sold · August 31, 2026
1412 Hollywood Boulevard
3 bed · 2 bath · 1,736 sqft · $361/sqft
$23,000 under the asking price
Sold$1,025,000
Sold · August 31, 2026
1550 Tyler Street
3 bed · 2 bath · 2,351 sqft · $436/sqft
$65,000 under the asking price
Sold$1,150,000
Sold · August 17, 2026
1459 Jefferson Street
3 bed · 2.5 bath · 2,221 sqft · $518/sqft
$25,000 under the asking price
Sold$1,230,000
Sold · August 6, 2026
1633 Tyler Street
0 bed · 0 bath · 2,412 sqft · $510/sqft
$119,000 under the asking price
Sold$675,000
Sold · July 23, 2026
1611 Madison Street
3 bed · 2 bath · 1,569 sqft · $430/sqft
$14,000 under the asking price
Sold$745,000
Sold · July 1, 2026
1545 Harrison Street
3 bed · 2 bath · 1,674 sqft · $445/sqft
$4,000 under the asking price
See every recorded sale in Hollywood or find out what your Hollywood home is worth.
