2247 Simms St, Hollywood, FL 33020

• 3,164 sqft

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.

Listing Status:

Active

Date Added:

June 15, 2026

Data Last Updated:

July 26, 2026 at 7:08AM

Listing Office:

Fausto Commercial Realty Consultants Inc : 954-743-7594

Listing Agent:

Elior Levi : 954-743-7594

MLS ID:

A12033876

Construction

• General: 1

Location

• Originating MLS: Miami Association of REALTORS®
• County: Broward County

Lot

• Zoning: RS-1LIBERIA 1-34 B LOT 22 TO 24 BLK 5514204011280

Utilities

• Water: Public
• Sewer: Public Sanitation

Financial

• Source: Miami Association of REALTORS®