$2,965,000
SOLD JAN 31, 2025
-- Bed
-- Bath
8,256 Sq Ft
0.47 Acres

Recently Sold

$359 Per Sq Ft

7% Below List Price

136 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Clear Impact Glass
  • Vinyl Flooring

About This Home

As of January 2025

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.

Last Agent to Sell the Property

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869

Last Buyer's Agent

Van Watson

Keller Williams Realty Profess License #3273569

Keller Williams Realty Profess

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,896

Year Built

  • Built in 1965

Parking

  • 15 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,256 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Clear Impact Glass

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hollywood Little Ranches Condos
  • Hollywood Little Ranches Subdivision

Listing and Financial Details

  • Rent includes hot water, gardener, rent incl, sewer, trash collection, water
  • Assessor Parcel Number 514216011470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,896

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1965
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD LITTLE RANCHES
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Vinyl
  • Living Area: 8256
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Clear Impact Glass

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD LITTLE RANCHES
  • Total Parking Spaces: 15

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514216011470
  • Zoning: DH-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 31896

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 15

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $2,965,000 -7.2% $359 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $3,195,000 -- $387 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11590588

MIAMI REALTORS® MLS

APN: 51-42-16-01-1470