2247 Simms Street, Hollywood, FL 33020
- $1,295,000
- 3,164
- SqFt
- List Price
- $1,295,000
- Days on Market
- 44
- MLS#
- A12033892
- Sq. Ft
- 3,164
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Liberia
- Year Built
- 1956
Property Description
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.
Additional Information
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Other, Tile, Vinyl
- Heating
- Central, Separate Meters
- Roof
- Shingle
- Taxes
- $25,502
- Utilities
- Cable Available
- Stories
- 1
- Price Per Sqft
- $409
- Elementary School
- Oakridge
- Middle School
- Attucks
- High School
- South Broward
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Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Elior Levi | Email: elevi@faustocommercial.com