Investment Overview

Marcus & Millichap is pleased to present Adams Street Apartments, a 10-unit multifamily property located at 2221–2223 Adams Street in Hollywood, Florida. The property consists entirely of one-bedroom/one-bathroom units averaging 726 square feet, offering spacious layouts in a high-demand rental corridor. The asset has recently undergone significant improvements, including a new metal roof, mini-split air conditioning systems throughout, and ongoing parking lot restriping, enhancing both curb appeal and operational efficiency. Eight of the ten units have been renovated, featuring granite countertops and shaker-style cabinetry, providing immediate upside through continued interior upgrades and rent optimization. The property also includes four carports, creating an additional income opportunity. Strategically positioned just minutes from Downtown Hollywood, Young Circle, and Hollywood Beach, the property benefits from strong local demand driven by hospitality, retail, and healthcare employment. With proximity to US-1, I-95, and the Brightline station, Adams Street Apartments offers tenants convenient connectivity throughout Broward and Miami-Dade Counties. Adams Street Apartments presents an attractive opportunity to acquire a well-located, partially renovated multifamily asset in one of South Florida’s most active rental submarkets, with continued value-add potential and durable long-term fundamentals.