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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2247 Simms St , Hollywood, FL 33020
$1,295,000
Est. Payment: $6,535.97/mo
1 Bed
1 Bath
3164 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Elior Levi , 954-743-7594 Fausto Commercial Realty Consultants Inc , 954-743-7594. REALTOR Association of Greater Miami and the Beach

Property Type

Multi-Family

Year Built

1956

County

Broward

Area

3020

Neighborhood

Liberia

Listing ID

A12033892

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Tile,Vinyl
Other:Public

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:6
Zoning:RS-1
Roof:Shingle
Sewer:Public Sewer
Principal Interest
$6,536
Taxes
$2,125

Home Price

$1,295,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$259,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,535.97

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,535.97 $2,125.17 $0.00 $8,661.13
Yearly $78,431.59 $25,502.00 $0.00 $103,933.59
Total $2,352,947.64 $765,060.00 $0.00 $3,118,007.64

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T05:56:59.000Z

© 2026 REALTOR Association of Greater Miami and the Beach