Hollywood, FL 33020,2206 Adams St
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Hollywood, FL 33020,2206 Adams St
Hollywood, FL 33020,2206 Adams St
Hollywood, FL 33020,2206 Adams St
Hollywood, FL 33020,2206 Adams St
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$ 3,195,000
Est. payment /mo
Pending

2206 Adams St Hollywood, FL 33020

8,256 SqFt


UPDATED:

10/29/2024 02:06 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 8,256 sqft

Price per Sqft $386

Subdivision Hollywood Little Ranches

MLS Listing ID A11590588

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1965

Annual Tax Amount $31,896

Tax Year 2023

Contingent Pending Inspections

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.

Location

State FL

County Broward

Community Hollywood Little Ranches

Area 3050

Interior

Heating Central

Cooling Central Air

Flooring Other, Vinyl

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 15

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 514216011470

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other


Listed by Fausto Commercial Realty Consultants Inc

Tara Panaccione

Agent | License ID: 3299544

+1(305) 916-0597

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2206 Adams St