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2247 Simms St
Hollywood, FL 33020 Liberia

$1,295,000 USD

Apartments For Sale • 3,200 SF

Property Details

Property Type Apartments
Total Building Size 3,200 SF
Lot Size 0.18 AC
Building Class C
Year Built 1956
Cap Rate 6.23 %
Zoning RS-1

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Strong In-Place Cash Flow: Generating approximately $80,718 in annual NOI with a 6.23% cap rate.
                            
                                Renovated Apartment Community: Seven one-bedroom units featuring central A/C and stainless steel appliances.
                            
                                Low Capital Expenditure Asset: Impact windows and a 2016 roof help reduce near-term ownership costs.
                            
                                Future Rental Upside: Opportunity to increase revenue through continued rent growth.
                            
                                Efficient 7-Unit Property: Well-sized asset offering straightforward management and operations.
                            
                                Prime Hollywood Location: Minutes from Downtown Hollywood, Hollywood Beach, the airport, and Interstate 95.

Property Flyers

2247 Simms St-OM-ELEVI

Financial Summary (Actual)

Net Operating Income: $80,718 USD (2025)

Cap Rate:	6.23 %
Total Expenses:	$48,882 USD

Amenities

24 Hour Access
Air Conditioning
Microwave
Security System
Tenant Controlled HVAC
Recycling
Smoke Free
Trash Pickup - Curbside
Refrigerator
Oven
Sprinkler System
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	6 min	-	2.1 mi
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	6 min	-	2.6 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	10 min	-	4.6 mi
Miami International	43 min	-	25.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Surface
Included in Rent:	Yes

Elior Levi 954-743-7594 Fausto Commercial Realty Consultants

2247 Simms St Hollywood, FL 33020 Liberia