Two-Unit Duplex with Private
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
(954) 461-5734
502 E Atlantic Avenue, Ste. 213, Parkland, FL
Listed by
Lauren Laski · License #3398531
(954) 461-8572
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.
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
NOI $31,445 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$417.9K
$365.7K – $487.5K
NOI $29,252 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$686.6K
$600.7K – $801.0K
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
Similar For Sale Nearby
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