2247 Simms St Hollywood, FL 33020
Liberia NeighborhoodEstimated payment $9,106/month
Highlights
- No HOA
- Central Heating and Cooling System
- 3-minute walk to Henry L. Graham Park
- Tile Flooring
- 1-Story Property
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,502
Year Built
- Built in 1956
Parking
- 6 Parking Spaces
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 3,164 Sq Ft Home
- 1-Story Property
Flooring
- Tile
- Vinyl
Schools
- Oakridge Elementary School
- Attucks Middle School
- South Broward High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 514204011280
Community Details
Overview
- No Home Owners Association
- Liberia Subdivision
Building Details
- Gross Income $1,600
Map
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 |
|---|---|---|---|---|
| 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 | -- | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A12033892
APN: 51-42-04-01-1280
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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.
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