2247 Simms ST, Hollywood, FL 33020
2247 Simms ST, Hollywood, FL 33020
2247 Simms ST, Hollywood, FL 33020
2247 Simms ST, Hollywood, FL 33020
2247 Simms ST, Hollywood, FL 33020
2247 Simms ST, Hollywood, FL 33020
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Vinesha Clark

Vinesha Clark

+1(772) 777-9913
$ 1,295,000
Est. payment | /mo

3,164 SqFt

Save Virtual Tour
$ 1,295,000
Est. payment | /mo
Save Virtual Tour

3,164 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,164 sqft

Price per Sqft $409

MLS Listing ID A12033876

HOA Y/N No

Year Built 1956

Annual Tax Amount $25,502

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Multi Family

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.

Location

State FL

County Broward

Area 3020

Zoning RS-1

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Others

Tax ID 514204011280

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12033876

BeachesMLS, Inc. (FLR) IDX
Listed by Elior Levi Fausto Commercial Realty Consultants Inc

Nearby Locations

Vinesha Clark

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(772) 777-9913

vcsellsflorida@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of LPT Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2247 Simms ST