2247 Simms Street, Hollywood, FL 33020
$1,225,000 · $387 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $1,225,000
- Price per sq ft: $387
- Building size: 3,164 sq ft
- Lot size: 7,841 sq ft
- Zoning: RS-1
- Year built: 1956
- Units: 7
- Buildings: 1
- Parcel ID: 514204011280
- MLS#: A12033876
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.
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 1 Bedroom | 1 | 1 / — | — | — | — |
| 1 Bedroom | 1 | 1 / — | — | — | — |
| 1 Bedroom | 1 | 1 / — | — | — | — |
| 1 Bedroom | 1 | 1 / — | — | — | — |
| 1 Bedroom | 1 | 1 / — | — | — | — |
| 1 Bedroom | 1 | 1 / — | — | — | — |
| 1 Bedroom | 1 | 1 / — | — | — | — |
7 units.
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Property taxes | $25,502/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Elior Levi
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 2247 Simms Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 2247 Simms Street
- How much is 2247 Simms Street?
- 2247 Simms Street is listed at $1,225,000, about $387 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 2247 Simms Street zoned?
- The listing reports zoning of RS-1. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 2247 Simms Street?
- The listing reports 3,164 square feet of building.
- When was 2247 Simms Street built?
- 2247 Simms Street was built in 1956. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 2247 Simms Street?
- The listing reports annual property taxes of $25,502 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 2247 Simms Street?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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