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1838 Adams St
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PRICED AT ONLY: $1,100,000

Address: 1838 Adams St, Hollywood, FL 33020

Description

Four Plex Investment Opportunity in Hollywood, FL. This income producing four plex in Hollywood, FL offers high rental demand and great cash flow potential. Located just minutes from Hollywood Beach, Downtown Hollywood, Hard Rock Casino, I 95, and US 1, this well maintained multifamily property is a fantastic addition to any portfolio. Currently rented as Short Term Rentals generating over $10K per month. Units are partially remodeled and well maintained. Parking for up to 6 Cars. In addition there is coin operated laundry for extra income. New AC in each unit. This lot sits on the highly sought of CRA on a spacious 7800 sq ft lot and is zoned PS 2 with an FAR of 2 meaning you can build up to 15K sf and up to 5 floors. Breakdown is two buildings. 4 Units. Two 1/1s, One 3/1 and a Studio

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  • MLS#: F10537364 ( Residential Income )
  • Street Address: 1838 Adams St
  • Viewed: 4
  • Price: $1,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 0

Description

Four Plex Investment Opportunity in Hollywood, FL. This income producing four plex in Hollywood, FL offers high rental demand and great cash flow potential. Located just minutes from Hollywood Beach, Downtown Hollywood, Hard Rock Casino, I 95, and US 1, this well maintained multifamily property is a fantastic addition to any portfolio. Currently rented as Short Term Rentals generating over $10K per month. Units are partially remodeled and well maintained. Parking for up to 6 Cars. In addition there is coin operated laundry for extra income. New AC in each unit. This lot sits on the highly sought of CRA on a spacious 7800 sq ft lot and is zoned PS 2 with an FAR of 2 meaning you can build up to 15K sf and up to 5 floors. Breakdown is two buildings. 4 Units. Two 1/1s, One 3/1 and a Studio
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Features
Building and Construction
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Roof: Shingle, Wood
Utilities
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Separate Meters, Electric, Natural Gas
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
Finance and Tax Information
  • Home Owners Association Fee Includes: Electricity, Gas, Hot Water, Sewer, Trash, Water
  • Tax Year: 2024
Other Features
  • Legal Description: HOLLYWOOD 1-21 B LOT 25, E1/2 26 BLK 33
  • Parcel Number: 514215016610
  • Zoning Code: RMCRA-18
Nearby Subdivisions
Arveeder Estates   Belmar Amd 30-40 B   Belmar Amended   Buchanan Center 24-37 B   Cleveland Terrace First A   Cranston Terrace 28-14 B   Flamingo Manors   Flamingo Manors 46-35 B   Hollyood 1-21   Hollywood   Hollywood 1-21 B   Hollywood Country Club Distric   Hollywood Homesites Rev   Hollywood Homesites Secon   Hollywood Lawns 2-58 B   Hollywood Little Ranches   Hollywood Park   Hollywood Park 4-19 B   Hollywood South   Hollywood South Side Add   Hollywood South Side Add No 2   Hollywood Terrace 3-12 B   Hollywood Terrace Amen   Hollywood Terrace Amen Pl   Hollywood View 12-47 B   Liberia   Liberia 1-34 B   Look Homesites 2 38-2 B   Look Homesites 36-19 B   North Hollywood   Not Applicable   Silver Hill Manor Apts   South Hollywood Amd 4-10   South Hollywood Amd Plat 4   South Side Park 22-18 B   St James Court West Amd   St James Park Second Add   St James Park West Add   Sunnyside Estates   Sunset Trails   Sunset Trails 16-13 B   Sunset Trails 4 24-34 B   Sunset Trails No 3   Sunset Trails No 4   Sunshine Manor   The Homes At East Lake   Washington Heights Add 2411 B   Wayne Park 14-15 B  
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