Home Listings New Homes Home Value Affordability Our Team About Market Report Reviews / Reseñas Contact WhatsApp
20 Photos
Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20
← Back to Listings
Active Income/MultiFamily
$1,295,000
2247 Simms St, Hollywood FL 33020, Hollywood, FL 33020
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1956
Year Built

About This Property

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.

Property Details

Property Type Income/MultiFamily
Days on Market 1 day
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Location

Comparable Sales
Analyzing recent sales in Hollywood…
Share: f Facebook WhatsApp
D
Dayron Crespo
Broker Associate

Estimate Payment

Principal & Interest
Property Tax
HOA
Insurance
Est. Monthly
Get Pre-Approved

Calculate your full buying budget →

Schedule a Showing