2247 Simms, Hollywood, FL 33020

Local realty services provided by:CENTURY 21 Move With Us
2247 Simms,Hollywood, FL 33020
$1,225,000
  • - Beds
  • - Baths
  • 3,164 sq. ft.
  • Multi-family
  • Active
Listed by: elior levi
Office: fausto commercial realty consultants inc
MLS#:A12033892
Source:FL_RAMC

Price summary

  • Price:$1,225,000
  • Price per sq. ft.:$387.17

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
  • Added:18 day(s) ago
  • Updated:September 19, 2026 at 03:36 PM

Rooms and interior

  • Flooring:Vinyl
  • Living area:3,164 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composite Shingle, Shingle
  • Year built:1956
  • Building area:3,164 sq. ft.
  • Construction Materials:Block, Concrete
  • Levels:1 Story

Utilities

  • Water:Public Water, Water Available, Water Connected
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,225,000
  • Price per sq. ft.:$387.17
  • Tax amount:$25,502 (2025)

Parking

  • Total parking spaces:6
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