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$1,295,0001 days on marketActive

2247 Simms Street, Hollywood, FL 33020

Hollywood, FL 33020
3,164
Sq Ft
$409
$/Sq Ft
1956
Year Built

Listing Snapshot

List Price$1,295,000
Price / Sq Ft$409
Beds0
Baths0
Living Area3,164 sqft
Year Built1956
Property Tax$25,502/yr
MLS #1174683850
StatusActive
Days on Market1

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.

General Features

Property Type
ResidentialIncome
Sub-type
Quadruplex
Stories
1
Parking Spaces
6
Zoning
RS-1
Utilities
CableAvailable
Subdivision
LIBERIA

Interior Features

Flooring
Other,Tile,Vinyl
Heating
Central,SeparateMeters
Cooling
CentralAir

Exterior Features

Construction
Block
Roof
Shingle
Pool
No
Waterfront
No

Community Features

MLS Area
3020

Schools

ElementaryOakridge
MiddleAttucks
HighSouth Broward

Map

Virtual Tour

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Listed by Elior Levi · Fausto Commercial Realty Consultants Inc
MLS# 1174683850 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,036,000

%
Est. Monthly$9,193
Principal & Interest$7,067
Property Tax$2,125

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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