New Listing - 06/15/2026
2247 Simms St, Hollywood, FL, 33020
1956
Fourplex
3,164 sqft
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.
Status:
Active
Type:
Multi-family
Zoning:
RS-1
Subdivision:
LIBERIA
Heating:
Central
Cooling:
Central Air
Parking:
6-car
Est. Taxes:
$25,502
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
1
Pool:
None
MLS #:
A12033892
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Fausto Commercial Realty Consultants Inc 954-743-7594