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2247 Simms St, Hollywood, FL
Offering:
For Sale
Location:
Hollywood, FL 33020
Subdivision:
LIBERIA
Status:
Active
$1,225,000
Deemed reliable but not guaranteed.
Details
Year built:
1956
Levels:
One
Stories:
1
Parking:
6 spaces
Style:
Fourplex
Days on market:
91
Annual tax (2025):
$25,502
Type:
Quadruplex
MLS ID
A12033892
Virtual tour:
Listed by:
Fausto Commercial Realty Consultants Inc (FAUS01)
Listing office phone:
954-743-7594
Listing office email:
Listing agent:
Elior Levi (3574869)
Features
Utilities
Available:
Cable Available
Water source:
Public
Sewer:
Public Sewer
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.
Price history
$1,295,000 → $1,225,000
·
Reduced by
$70,000 (5.4%) · 2 price changes
Location
2247 Simms StHollywood, FL 33020
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MLS information
Last updated Sep 14, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
