2247 Simms Street, Hollywood, FL 33020
$1,225,000 · Active
- 0 baths
- 3,164 sq ft
- Quadruplex
- Built 1956
- Broward County
- MLS# A12033892
- Liberia
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.
Schools
- Elementary: Oakridge
- Middle: Attucks
- High: South Broward
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.
Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 2247 Simms Street.
Questions About 2247 Simms Street
- How much is 2247 Simms Street?
- 2247 Simms Street is listed at $1,225,000, which is about $387 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the property taxes on 2247 Simms Street?
- The listing reports annual property taxes of $25,502 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 2247 Simms Street built?
- 2247 Simms Street was built in 1956 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 2247 Simms Street been on the market?
- 2247 Simms Street has been listed for 125 days, and the asking price has been reduced from $1,295,000. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 2247 Simms Street?
- The MLS lists Oakridge (elementary), Attucks (middle), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- How do I see 2247 Simms Street?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
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