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2247 Simms Street, Hollywood, FL 33020

$1,295,000
Property Type: Residential Income Square Footage: 3,164 Status: Active
Current Price: $1,295,000 List Date: 6/15/2026 Last Modified: 6/16/2026

Overview

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.

Listing Details MLS# A12033892

General Property Information

Number Of Units Total
Yes
Property Sub Type
Quadruplex
Building Area Main
3164
Living Area Main
3164
Adjusted Area Main
3164
Year Built
1956
Parking Total
6
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Other Available Information; Rent Rolls Flooring: Tile; Vinyl; Other Property Condition: Resale Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; Other Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Parking Features: Parking Space

Contract Information

Comp Sale YN
No
Original List Price
1295000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
2247
Street Name
Simms
Street Suffix
Street
City Name
Hollywood
State Or Province
FL
Postal Code
33020
Postal Code +4
1635
Postal Zip
33020
Subdivision Name
LIBERIA
Area
3020
Geographic Area
HWEA - Hollywood East (3010-3050)
Elementary School
Oakridge
Middle Or Junior School
Attucks
High School
South Broward
Parcel Number
514204011280
Subdivision Number
Yes
Zoning
RS-1
Flood Zone
X
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
25502
Tax Year
2025
Tax Legal Description
LIBERIA 1-34 B LOT 22 TO 24 BLK 5

Status Change Information

Major Change Timestamp
2026-06-15T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-06-15

More Information

Income and Expenses

Gross Income
1600

Unit 1 Details

Actual Rent
1600
Baths Full
Yes
Efficiency YN
No

Unit 1 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
409.29

Section Details

Parcel Number MLX
1280

Originating Details

Originating System Key
510094899
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Tile
Yes
Vinyl
Yes
Other
Yes

Property Condition

Resale
Yes

Documents Available

Other Available Information
Yes
Rent Rolls
Yes

Structure Type

Multi Family
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Roof

Shingle
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Unit 1 Parking Features

Parking Space
Yes
IDX
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: June - 16 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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