2247 Simms Street For Sale
Property Details
| Asking Price | $1,225,000 |
|---|---|
| Price per SqFt | $387 |
| Property Taxes | $25,502 2025 |
| Interior Space | 3,164 SqFt |
| Beds/Baths | —/— |
| Year Built | 1956 |
| Pool | No |
| MLS # | A12033892 |
Location
From the listing
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.
Listed by Fausto Commercial Realty Consultants Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $25,502 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 2247 Simms Street, Hollywood, FL 33020
Sales history is unavailable for this property
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Hollywood and throughout South Florida.
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2247 Simms Street, Hollywood · MLS A12033892 · $1,225,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.