Home » Hollywood » 2206 Adams St, Hollywood, FL 33020 | A11590588

Fourplex (Quadruplex) For Sale 2206 Adams St, Hollywood, FL 33020

$3,195,000

Property Highlights

Listing ID A11590588 Status of this Listing: Pending (An offer has been accepted) For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 8,256 Sqft/767.01 m2 approx. Building Area 8,256 Sqft/767.01 m2 approx. Year Built 1965 Time of this property on Rebonus 200 Day(s)

2206 Adams St, Hollywood, FL 33020

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.

Residential Income (Multifamily 2-4) Fourplex (Quadruplex) For Sale located at 2206 Adams St Hollywood FL 33020 in Broward referenced as ID MLS # A11590588. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Pending Inspections
Original List Price:$3,195,000

Lease Details

Rent Includes:
  • Hot Water
  • Sewer
  • Trash Collection
  • Water
  • Gardener
  • Other

Land Lot (Parcel) Details

Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Fourplex
Levels:One
Construction Materials:
  • Block
Flooring:
  • Other
  • Vinyl
Stories:1

Property Features

Waterfront:No
Roof:
  • Shingle
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$31,896

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Other
  • Financials
  • Rent Rolls
  • Appraisal
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Other
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:HOLLYWOOD LITTLE RANCHES
Senior Community:No

Parking

Parking Total Spaces:15
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Flood ZoneAH
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsAH
Subdivision Number1

Zoning and Legal

Tax Legal Description:HOLLYWOOD LITTLE RANCHES 1-26 B LOT 22 BLK 1
Real Estate Folio Number (Parcel Number):514216011470
Zoning Description:DH-2
Public Survey Range:51
Public Survey Section:16

Listing History

Update/EventDate/Days
Published Date:May 21, 2024 8:40 pm
On Market Date:May 21, 2024
Price Change Date Time:May 19, 2024 4:09 pm
Last Important Update Description:Pending (An offer has been accepted)
Date and Time of Last Important Update:October 5, 2024 8:39 pm
Status Last Changed:October 5, 2024 8:39 pm
Photos Last Modified:July 19, 2024 11:52 pm
Last Modified:October 29, 2024 2:06 pm
Days on the Market Reference Date:October 29, 2024
Days on the Market (updated on Last Modified*):77
Cumulative Days on the Market (updated on Last Modified**):77

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos:23
Location:,,1/4 To Less Than 1/2 Acre Lot
Included:,,
Geographical Area:Hollywood East (3010-3050)
Area:3050
Automated Valuation Display:Yes
Courtesy of:Fausto Commercial Realty Consultants Inc
Universal Property Id:US-12011-N-514216011470-R-N

Location

Show Property Address:Yes
Street Name:Adams St
Street Number:2206
Street Address:2206 Adams St
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward
Full Address:2206 Adams St, Hollywood, FL 33020
Latitude:N26° 0' 17''
Longitude:W81° 50' 56.2''

Neighborhood

Postal City:Hollywood

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