2247 Simms Street, Hollywood, FL 33020
Hollywood, FL 33020
$1,295,000
Active
Beds
—
Baths
—
(0F 0H)
Living Area (sqft)
—
Year Built
1956
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.
Property Details
MLS Area
—
Property Type
CommercialSale
/ MultiFamily
Listing Type
sale
Listing ID
A12033876
Listing courtesy of
Fausto Commercial Realty Consultants Inc
MLS #A12033876
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Data last updated June 17, 2026 10:23 AM ET.
Location
Features
Listing Terms
3
items
- Cash
- Conventional
- Other
Property Sub Type Additional
1
item
- Multi Family
Water Source
1
item
- Public
3D View
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