2247 Simms St Hollywood, FL 33020
Liberia NeighborhoodEstimated payment $9,041/month
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.
Listing Agent
Elior Levi
Fausto Commercial Realty Consultants Inc License #3574869 Listed on: 06/15/2026
Map
Property Details
Home Type
Multi-Family
Year Built
1956
Lot Details
0 Sq Ft Lot
Listing Details
- Prop. Type: Residential Income
- Property Sub Type: Quadruplex
- Property Sub Type Additional: Quadruplex
- Year Built: 1956
- New Construction: No
- Structure Type: Multi Family
- DelayedMarketingYN: No
- Special Features: VirtualTour
Interior Features
- Flooring: Other, Tile, Vinyl
- Living Area: 3164.0
- Stories: 1
Exterior Features
- Pool Private: No
- Waterfront: No
- Construction Type: Block
- Property Condition: Resale
- Roof: Shingle
Garage/Parking
- Total Parking Spaces: 6.0
Utilities
- Cooling: Central Air
- Cooling Y N: Yes
- Heating: Central, Separate Meters
- Heating Yn: Yes
- Sewer: Public Sewer
- Utilities: Cable Available
- Water Source: Public
Condo/Co-op/Association
- Association: No
Schools
- Elementary School: Oakridge
- High School: South Broward
- Middle Or Junior School: Attucks
Lot Info
- Parcel #: 514204011280
- Mobile Dim Units: Feet
- Zoning: RS-1
Tax Info
- Tax Year: 2025
- Tax Annual Amount: 25502.0
Multi Family
- Number Of Units In Community: 1
- Number Of Units Total: 1
- Annual Gross Income: 1600.0
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $25,502 | $1,203,540 | $48,010 | $1,155,530 |
| 2025 | $24,053 | $1,096,010 | $48,010 | $1,048,000 |
| 2024 | $24,469 | $1,027,460 | $48,010 | $979,450 |
| 2023 | $24,469 | $1,027,460 | $48,010 | $979,450 |
| 2022 | $15,900 | $656,500 | $48,010 | $608,490 |
| 2021 | $15,962 | $656,500 | $48,010 | $608,490 |
| 2020 | $15,554 | $639,310 | $48,010 | $591,300 |
| 2019 | $12,135 | $467,800 | $48,010 | $419,790 |
| 2018 | $11,944 | $470,540 | $48,010 | $422,530 |
| 2017 | $10,213 | $408,880 | $0 | $0 |
| 2016 | $9,608 | $372,120 | $0 | $0 |
| 2015 | $8,215 | $301,490 | $0 | $0 |
| 2014 | $7,662 | $274,090 | $0 | $0 |
| 2013 | -- | $259,090 | $48,010 | $211,080 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2026 09/14/26 | Price Changed | $1,225,000 | -5.4% | $387 / Sq Ft |
| 06/15/2026 06/15/26 | For Sale | $1,295,000 | 0.0% | $409 / Sq Ft |
| 11/18/2021 11/18/21 | Rented | $1,400 | +0.4% | -- |
| 10/19/2021 10/19/21 | Under Contract | -- | -- | -- |
| 10/18/2021 10/18/21 | For Rent | $1,395 | +11.6% | -- |
| 09/30/2021 09/30/21 | For Rent | $1,250 | -3.8% | -- |
| 09/30/2021 09/30/21 | Rented | $1,300 | +13.0% | -- |
| 06/28/2021 06/28/21 | For Rent | $1,150 | -4.2% | -- |
| 06/28/2021 06/28/21 | Rented | $1,200 | +4.3% | -- |
| 04/11/2021 04/11/21 | Rented | $1,150 | 0.0% | -- |
| 03/12/2021 03/12/21 | Under Contract | -- | -- | -- |
| 03/06/2021 03/06/21 | For Rent | $1,150 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,175,000 | Daniel A Jacobson Pa | |
| Warranty Deed | $725,000 | Lexant Title & Escrow Llc | |
| Warranty Deed | $525,000 | Coastal Title Inc | |
| Warranty Deed | $470,000 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $340,000 | M&M Title Services Inc | |
| Warranty Deed | $265,000 | Attorney | |
| Warranty Deed | $415,000 | -- | |
| Quit Claim Deed | -- | The John Galt Title Company | |
| Warranty Deed | $191,500 | The John Galt Title Company | |
| Quit Claim Deed | $37,000 | -- | |
| Quit Claim Deed | $52,000 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $100 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $820,000 | New Conventional | |
| Previous Owner | $525,000 | Commercial | |
| Previous Owner | $393,750 | Commercial | |
| Previous Owner | $352,500 | Commercial | |
| Previous Owner | $221,000 | Commercial | |
| Previous Owner | $311,250 | Commercial | |
| Previous Owner | $214,500 | Commercial | |
| Previous Owner | $200,243 | Commercial |
Source: MIAMI REALTORS® MLS
MLS Number: A12033892
APN: 51-42-04-01-1280
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