Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3,164 sqft

$1,225,000

2247 Simms, Hollywood FL, 33020

Price per sqft$387.17
Built in1956
Property size3,164 sqft
Property typeMulti-family
Courtesy of Elior Levi with Fausto Commercial Realty Consultants Inc

Overview

Active

Listed Jun 15, 2026

Updated Sep 15

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.

$8,150/mo

Est. mortgage payment based on a $1,225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$25,502
Tax Frequency
Annually
MLS provider logo

Courtesy of Fausto Commercial Realty Consultants Inc, Elior Levi,
Listing Contact: 954-743-7594 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Martin County REALTORS of the Treasure Coast, Inc. All rights reserved.

Data last updated 5:42 AM UTC, 9/15/2026

Powered by Luxury Presence