$1,460,000
Rodman Courtyard Apartments
1 / 20
2247 Simms St, Hollywood, FL 33020
$1,225,000— Beds— Baths
Hollywood, FL 33020
Status
Active
Type
Income/MultiFamily
Year Built
1956
Days on Market
91
Lot Size
8,002 sqft
MLS #
A12033876
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.
Building & Association
- Stories
- 1
- Stories Total
- 1
- Association
- No
Lot & Construction
- Lot Size Square Feet
- 8,002
- Waterfront
- No
- View
- No
- New Construction
- No
Public Records
- Parcel Number
- 514204011280
- Tax Annual Amount
- $25,502
- Tax Year
- 2,025
- Zoning
- RS-1
- County Or Parish
- Broward County
Location
Courtesy of Fausto Commercial Realty Consultants Inc
