Premier Real Estate Group
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2247 Simms Street

Hollywood, FL 33020

MLS # A12033876· ActiveIDX IDX

$1,225,000

Bathrooms
0
Living area
3,164 sq ft
Lot size
0.18 acres
Year built
1956
Type
Multi Family
Days on market
142

About this home

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.

Details

MLS #A12033876
StatusActive
CountyBroward
ZIP33020
WaterPublic
SewerPublic Sewer
Annual taxes$25,502

Listing courtesy of Fausto Commercial Realty Consultants Inc, Elior Levi. Last updated Oct 31, 2026, 9:21 AM ET.

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Mention MLS # A12033876 (2247 Simms Street) and when you would like to visit. A licensed real-estate professional will contact you.

Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(888) 440-3766

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IDX

The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 31, 2026, 9:21 AM ET.

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