Property 2247 Simms Street, Hollywood, FL 33020 for sale with MLS# A12033876
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.
2247 Simms Street, Hollywood, FL 33020
- Price:
- $1,295,000.00
- Original List Price:
- $1,295,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $409.29
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- June 15, 2026 4:00 am
- Built-Up Area:
- 3,164 Sqft
- Lot Size Acres:
- 0.18
- Year Built:
- 1956
- Number of Buildings:
- 1
- Number of Units Total:
- 7
- Flood Zone Code:
- X
- Tax Annual Amount:
- $25,502.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- LIBERIA 1-34 B LOT 22 TO 24 BLK 5
- Real Estate Folio Number (Parcel Number):
- 514204011280
- Zoning:
- RS-1
- Active on the market since:
- June 15, 2026
- Listing Agreement executed on:
- June 15, 2026
- Listing Status Last Changed On:
- June 15, 2026 4:00 am
- Photos updated on:
- June 16, 2026 6:43 pm
- Last Modified:
- June 16, 2026 6:44 pm
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- Simms
- Street Number:
- 2247
- City:
- Hollywood
- State:
- Florida
- Zip Code:
- 33020
- County:
- Broward
- Latitude:
- N26° 2' 11.6''
- Longitude:
- W81° 50' 48''
- Street Suffix:
- Street
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 2247 Simms Street, Hollywood, FL 33020
