1928 Adams Street, Hollywood, FL 33020
Two 2-bedroom, 1-bath units with impact windows, newer mechanicals, and shared yard laundry connections.
- Added:
- Jan 3, 2026
- Days on Market:
- 170
- Last Refresh:
- Jun 20 at 7:56 am
Property Features for 1928 Adams Street
General Information
- Standard status
- Active
- Size
- 1,755 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1951
Listing agent lauren Laski License #3398531
Listing office Skye Louis Realty Inc (954) 461-8572
Listing date Jan 3, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Skye Louis Realty Inc
HighLights
- Built in 1951: a duplex with two 2‑bedroom, 1‑bath units
- Impact windows and doors throughout
- Newer appliances plus one‑year‑old A/C and newer gas water heaters in both units
- Shared yard laundry connections for washer/dryer
- Front unit has laminate floors; back unit has tile floors
- Four parking spots in the back alley; property line goes to the street
Overview
The property is located about 6/10 of a mile from Downtown Hollywood and Young Circle Park, and approximately 1 mile to the beach. Off-street parking is provided with four parking spots located in the back alley, and the property line extends to the street.
The layout can fit a range of uses, including a primary residence with a second unit, a long-term rental setup, or a short-term rental strategy as described in the remarks. With separate unit configurations and practical in-home mechanical upgrades, the building supports buyers and operators seeking a manageable duplex with straightforward maintenance considerations and flexible living arrangements.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.4k | $27.00 |
| − Vacancy | −$2.5k | −$1.40 |
| EGI | $44.9k | $25.60 |
| − OpEx | −$13.5k | −$7.68 |
| NOI | $31.4k | $17.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1458396
- Latitude
- 26.0047084