2247 Simms St Hollywood, FL $ 1,295,000
2247 Simms St
$ 1,295,000
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2247 Simms St

Hollywood, FL, 33020
$ 1,295,000
Bedrooms1 Baths1.0 Sq 3,164

Monthly Estimate*

$ 7,974

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Multi-Family Home for sale in Hollywood, FL

for $1,295,000 with 1 bedroom and 1 full bath. This 3,164 square foot home was built in 1956.

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.

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Multi-Family Active

Price

$ 1,295,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 25,502

Style

Year Built

1956

Town/City

Hollywood

County/Region

Broward

MLS | Web ID

A12033892

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Closing & Funding
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1956
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
County Broward
Property Type Residential Income
Subdivision Name LIBERIA
Rent Includes Gardener Hot Water Other Sewer Trash Collection Water
Full Baths 1
Status Active
City Hollywood
Zoning Description RS-1
Number Of Units Total 2
MLS Area 3020
Lot Size Units Square Feet
Listing Terms Cash Conventional Other
Year Built Details Resale
Tax Annual Amount 25502
MLS Area Minor Hollywood East (3010-3050)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12033892
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Quadruplex
Legal Description LIBERIA 1-34 B LOT 22 TO 24 BLK 5
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Interior
Flooring Other Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 1
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Water Source Public
Total Parking 6
Building Area Total 3164
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

elevi@faustocommercial.com

Email

Affordability Calculator

$10,099
Per Month
79%
21%
0%
Monthly Principal & Interest
$7,974
Monthly Property Taxes
$2,125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
6/15/2026 $1,295,000 Listed Price

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2247 Simms St, Hollywood, FL, 33020 is a Multi-Family Home for sale at $1,295,000 with 3,164 sqft. 2247 Simms St has 1 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 33020 which is in Hollywood, FL