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2206 Adams St, Hollywood FL 33020

Residential Income

2206 Adams St

Hollywood, FL 33020

ML#:A11590588
List Price:$3,195,000
Status:Closed
Days on Market:77
Listing Brkr:Fausto Commercial Realty Consultants Inc
Subdivision:HOLLYWOOD LITTLE RANCHES
Bedrooms:0
Baths:0
SqFt (Liv):8,256
Lot Size:0 sqft
Year Built:1965
Stories:1

General Information

Type Property:Residential Income
Style:Quadruplex
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33020
Subdivision:HOLLYWOOD LITTLE RANCHES
Latitude:26.004730
Longitude:-80.151062

Additional Features

Flooring:Other, Vinyl
Heating:Central
Cooling:Central Air
Construction:CBS Construction
Waterfront:No

Financial Information

Annual Taxes (2023):$31,896
Days on Market:77

Remarks

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.

Listing Agent

Elior Levi

Fausto Commercial Realty Consultants Inc

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276

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