For Sale
2206 Adams St, Hollywood, Florida 33020
$3,195,000
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.
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Details
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Property Type: Commercial
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Property SubType: Multi Family
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Listing Type: For Sale
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Listing ID: A11590560
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Price: $3,195,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1965
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Status: Pending
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Original Property Type: Commercial Sale
Features
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Heating System : Central, Electric
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Cooling System : Central Air
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Roof Deck : Shingle, Other
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Parking : Assigned, Other
Location
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Country US
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State FL
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County Broward
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City Hollywood
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Zipcode 33020
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Neighborhood: Hollywood
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Street: Adams St
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Street Number: 2206
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Floor Number: 0
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Longitude: E0° 0' 0''
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Latitude: N0° 0' 0''
Additional Info
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Stories: 1
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11590560
