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Active - Other for sale
2247 Simms St, Hollywood FL 33020
Facts & features
Why you’ll love it
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.
Listings courtesy of Fausto Commercial Realty Consultants Inc.
Listed by: Elior Levi • 954-743-7594 • Fausto Commercial Realty Consultants Inc
Co-listed by: Fausto Commercial Realty Consultants Inc
Source: Miami MLS, MLS#: A12033876
Based on info available as of Nov 12, 2026 at 7:10 PM EST.
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Affordability
$8,319/mo
- Mortgage$6,194
- Property tax$2,125
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$24,500 Credit back
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Travel times
About Hollywood
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 12, 2026 at 07:10pm EST.
Make a winning offer, and get up to
$24,500 Credit back
