This Multifamily Property is no longer advertised on LoopNet.com.

2206 Adams St
Hollywood, FL 33020
Adams Street Apartments · Multifamily Property For Sale · 15 Units

Investment Highlights

  • Unit Mix: 9 Units are Studios, 5 Units are 1 Bed/1 Bath and 1 Unit is a 3 Bed/2 Bath
  • Plenty of Parking Spaces (16 Spaces)
  • Turnkey Investment Currently Grossing $270k Annually ($300k Proforma)
  • Huge 20k Sqft lot allowing for 35 Units if Redeveloped (DH-2 Zoning) in a Heavy Developing Street/ 2 Minutes Away from Young Circle
  • Fully Renovated and Includes New Roofs, Central AC, Impact Windows/Doors, New Flooring/Kitchen/Bathrooms, Revamped Parking Lot and Coin Laundry Room

Property Facts

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.47 AC
Building Size 8,256 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1965/2024
Parking Ratio 2/1,000 SF
Zoning DH-2 - Build up to 4 stories and 35 units on this lot.

Amenities

Unit Amenities

  • Garden

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 9 $1,500 450
1+1 5 $1,700 600
3+2 1 $2,600 1,200

Property Taxes

Property Taxes

Parcel Number
51-42-16-01-1470
Land Assessment
$184,510
Improvements Assessment
$2,473,140
Total Assessment
$2,657,650
  • Listing ID: 31878282

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 2206 Adams St, Hollywood, FL 33020

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