2247 Simms St, Hollywood, FL 33020
Local realty services provided by:First Service Realty ERA Powered
Listed by: elior levi
Office: fausto commercial realty consultants inc954-743-7594
MLS#:A12033892
Source:SEFMLS
Price summary
- Price:$1,295,000
- Price per sq. ft.:$409.29
About this home
2247 Simms Street is a 7-unit multifamily property located in the heart of Hollywood, Florida, consisting of seven 1-bedroom/1-bath units within a 3,164 SF building. The property is currently generating approximately $80,718 in NOI, representing a 6.23% cap rate at the asking price, with additional upside through future rent growth. The asset features impact windows, central A/C throughout, stainless steel appliances, and a 2016 roof, minimizing near-term capital expenditures. Ideally situated just 5 minutes from Downtown Hollywood, 10 minutes from Hollywood Beach, and 8 minutes from Fort Lauderdale-Hollywood International Airport, with convenient access to Interstate 95, the property benefits from strong tenant demand and proximity to major employment, dining, retail, and entertainment destinations, making it an attractive investment opportunity in one of South Florida's most active rental markets.
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Home facts
- Year built:1956
- Subdivision & Development:LIBERIA
- Listing ID #:A12033892
- Updated:August 15, 2026 at 09:57 AM
Rooms and interior
- Flooring:Tile, Vinyl
- Living area:3,164 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1956
- Building area:3,164 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$409.29
- Tax amount:$25,502 (2025)
Parking
- Total parking spaces:6
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