2247 Simms St, Hollywood, FL, 33020
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Roof: Shingle
- Construction materials: Concrete Block Construction
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Flooring: Other,Tile,Vinyl
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,164
- Total interior livable area: 3,164 sqft
Property
Details
- Parcel number: 514204011280
- Zoning: RS-1
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Inland Flooding
- Lightning
- Coastal Flooding
- Cold Wave
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,548 | $78,576 |
| Home Insurance * | $2,701 | $32,412 |
| Property Taxes | $1,035 | $12,420 |
| Electricity | $318 | $3,821 |
| Total | $10,602 | $127,224 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-15 | Listed for sale | $1,295,000 |
| 2022-06-24 | Listing removed | -- |
| 2022-06-23 | Listed for rent | $1,500 |
| 2021-03-24 | Listing removed | -- |
| 2019-10-31 | Sold | $725,000 |
| 2017-11-30 | Listing removed | $850 |
| 2017-10-31 | Price change | $850 |
| 2017-10-21 | Price change | $650 |
| 2017-10-13 | Sold | $525,000 |
| 2016-01-29 | Sold | $470,000 |
| 2013-01-31 | Listing removed | $375,000 |
| 2012-08-17 | Listed for sale | $375,000 |
| 2012-04-20 | Listed for rent | $675 |
| 2011-10-27 | Sold | $265,000 |
| 2011-10-07 | Price change | $265,000 |
| 2011-08-21 | Listed for sale | $299,000 |
| 2011-07-01 | Listing removed | $299,000 |
| 2010-11-06 | Price change | $299,000 |
| 2010-08-26 | Price change | $319,000 |
| 2010-01-09 | Listed for sale | $429,000 |
| 2009-10-22 | Listing removed | $429,000 |
| 2009-08-15 | Listed for sale | $429,000 |
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