Turnkey Airbnb
1947 Adams Street Hollywood, FL 33020
For Sale
$545,000
Well-maintained income-producing duplex is fully furnished and licensed, currently operating as an Airbnb.
Property Size1,021 SF
Price / SF$533.79
Days on Market300
Property Features for 1947 Adams Street
General Information
- Standard status
- Active
- Size
- 1,021 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1925
Listing Agency:
RE/MAX 5 Star Realty
(954) 361-0000
Listed By:
Alejandro Bruno · License #3118923
(954) 361-0000
Source:
Compass
Added: Sep 28, 2025
Changed: Jul 22
Last Checked: Jul 23 at 10:50AM
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 RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex is already licensed and operating as an Airbnb. The property is fully furnished and presented as turn-key, positioned for immediate income generation.
Set on a spacious lot, the property’s zoning allows up to 10 units and up to 5 stories, offering options for expansion or redevelopment. The property is described as conveniently located near the beach, Downtown Hollywood, Arts Park, and other nearby destinations.
Set on a spacious lot, the property’s zoning allows up to 10 units and up to 5 stories, offering options for expansion or redevelopment. The property is described as conveniently located near the beach, Downtown Hollywood, Arts Park, and other nearby destinations.
Key Highlights
- Well‑maintained income‑producing duplex built in 1925
- Fully furnished and licensed as an Airbnb, currently operating as a short‑term rental
- Spacious lot with zoning that allows up to 10 units and 5 stories
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 | $27.6k | $27.00 |
| − Vacancy | −$1.4k | −$1.40 |
| EGI | $26.1k | $25.60 |
| − OpEx | −$7.8k | −$7.68 |
| NOI | $18.3k | $17.92 |
1,021 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.3K
$228.7K – $304.9K
NOI $18,293 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$243.1K
$212.7K – $283.6K
NOI $17,018 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$399.4K
$349.5K – $466.0K
NOI $27,959 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained income-producing duplex is fully furnished and licensed, currently operating as an Airbnb.
Where is this duplex located?
The property is located at 1947 Adams Street Hollywood, FL.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Well‑maintained income‑producing duplex built in 1925; Fully furnished and licensed as an Airbnb, currently operating as a short‑term rental; Spacious lot with zoning that allows up to 10 units and 5 stories
