2247 Simms Street, Hollywood, FL 33020

$1,225,000 — Active

Property Features

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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.

▼ Price Reduced — originally listed at $1,295,000

Property Details

  • Listing ID: A12033892
  • Status: Active
  • Listing Date: 2026-06-15
  • Property Type: Quadruplex
  • Subdivision: LIBERIA
  • County: Broward
  • MLS Area: 3020
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 3,164
  • Year Built: 1956

Financial

  • List Price: $1,225,000
  • Original List Price: $1,295,000
  • HOA Fee: None
  • Taxes: $25,502/yr

Features & Amenities

  • Cooling: Central Air
  • Heating: Central, Separate Meters
  • Flooring: Other, Tile, Vinyl
  • Construction: Block
  • Roof: Shingle

Courtesy of Fausto Commercial Realty Consultants Inc
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 9, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.