Address
2206 Adams St, Hollywood, FL
Price
$ 3,195,000
Property Attributes
  • MLS#A11590588
  • TypeIncome
  • CountyBROWARD
  • CityHollywood
  • Area3050
  • NeighborhoodHOLLYWOOD LITTLE RANCHES
  • Zip33020
  • StyleFourplex
  • Year Built1965
  • Taxes$ 31896
  • Price$ 3,195,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage8256
Data Source:
Southeast Florida MLS (SEFMLS)
Property 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.

Price History
5/22/2024 Listed $3,195,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Possession ClosingFunding
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1965
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
County Broward County
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name HOLLYWOOD LITTLE RANCHES
Garage Y/N No
Rent Includes Gardener,HotWater,Other,Sewer,TrashCollection,Water
Status Active
City Hollywood
View Y/N No
Senior Community Y/N No
Zoning Description DH-2
MLS Area 3050
Lot Size Units SquareFeet
Private Pool No
Waterfront Y/N No
Carport Y/N No
Listing Terms Cash,Conventional,Other
Property Attached Y/N No
Year Built Details Resale
Land Lease Y/N No
Tax Annual Amount 31896.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor Hollywood East (3010-3050)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11590588
Days on Market 1
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No
PostalCity Hollywood
Legal Description HOLLYWOOD LITTLE RANCHES 1-26 B LOT 22 BLK 1

Interior Features

Flooring Other,Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ImpactGlass
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14to12AcreLot
Total Parking 15.0
Spa No
Building Area Total 8256.0
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33020

Price
AVG $1.14M
$3.2M
Taxes
AVG $11,688
$31,896
Visits
AVG 324
343
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1965

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