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Two-Unit Duplex with Private Parking

1928 Adams Street Hollywood, FL 33020

1928 Adams Street, Hollywood, FL, 33020
$555,000
For Sale
$555,000

MULTI_FAMILY - Hollywood, FL

Property Size1,755 SF
Price / SF$316.24
Days on Market226

Property Features for 1928 Adams Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RMCRA-12
Bedrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Standard status
Active
APN
514215016390
Size
1,755 SF

Taxes and HOA fees

Tax Year
2024
Tax Description
HOLLYWOOD 1-21 B LOT 23 BLK 32
Tax Annual Amount
7709

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile
Building materials
Block
Roof type
Flat, Tile
Listing Agency VantaSure Realty LLC
502 E Atlantic Avenue, Ste. 213, Parkland, FL
Listed by Lauren Laski · License #3398531
Added: Dec 5, 2025 Checked: Jul 19 at 10:06 am
MLS# F10539787 Listing URL

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex features two separate 2-bedroom, 1-bath units. Both units include impact windows and doors, newer appliances, washer and dryer, and newer gas water heaters. The property also has a one-year-old AC and updated wiring. The front unit has laminate flooring throughout, while the back unit has tile flooring throughout. Four private parking spots are located in the back alley, and the property line extends to the street.

Located in Hollywood, the home is described as a short distance to Hollywood Blvd, Young Circle, and the Hollywood Broadwalk.

Designed as a straightforward two-unit residential income property, the configuration provides separate unit layouts with dedicated laundry and parking, along with recent mechanical and safety improvements.

Key Highlights

  • Duplex built in 1951 with two 2‑bedroom, 1‑bath units
  • Impact windows and doors throughout
  • Central heating and central air; 1‑year‑old AC

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
1,755 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$449.2K
$393.1K – $524.1K (±1% cap)
NOI $31,445 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$417.9K
$365.7K – $487.5K (±1% cap)
NOI $29,252 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$686.6K
$600.7K – $801.0K (±1% cap)
NOI $48,059 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex includes two 2-bedroom, 1-bath units with impact windows and doors, in-unit laundry, and four private parking spots.
Where is this duplex located?
The property is located at 1928 Adams Street Hollywood, FL.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Duplex built in 1951 with two 2‑bedroom, 1‑bath units; Impact windows and doors throughout; Central heating and central air; 1‑year‑old AC
Contact an agent
More about this property
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