Price Check
How this price compares
- List price
- $1,225,000
- Price per sq ft
- N/A
- Original price
- $1,295,000
- Days on market
- 100
This commercial property in ZIP 33020 is listed at $1,225,000. The asking price has come down 5.4% from its original $1,295,000. It has been on the market for 100 days.
Estimated monthly payment
$6,438 /mo
Principal and interest only, based on $245,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,225,000
- Days on Site
- 100 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 3,164 sqft
- Lot Size
- 0.18 Acres
- Year Built
- 1956
- Property Type
- Commercial
- MLS #
- A12033876
- Property Tax
- $25,502 (2025)
- County
- Broward
- Status
- Active
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1956
- Lot Size (Acres)
- 0.18
- Total Sq Ft
- 3,164
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RS-1
Community & HOA
- Financing Terms
- Cash / Conventional / Other
- MLS Area
- 3020
About the Area
Browse Hollywood homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Hollywood includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Hollywood listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,430
- Median List Price
- $499,000
- Median $/Sq Ft
- $398
- Avg Days on Market
- 155
Frequently Asked Questions
- How do I schedule a tour of 2247 Simms Street, Hollywood, FL 33020?
- Use the Tour button on this listing to request a showing of 2247 Simms Street, Hollywood, FL 33020. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2247 Simms Street, Hollywood, FL 33020 still available?
- 2247 Simms Street, Hollywood, FL 33020 is currently listed as Active, and has been on the market 100 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2247 Simms Street, Hollywood, FL 33020?
- With 20% down ($245,000) on the $1,225,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2247 Simms Street, Hollywood, FL 33020 is about $6,438/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2247 Simms Street, Hollywood, FL 33020?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2247 Simms Street, Hollywood, FL 33020. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 2247 Simms Street, Hollywood, FL 33020?
- Often, yes. The right offer on 2247 Simms Street, Hollywood, FL 33020 depends on how it's priced against comparable commercial sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Fausto Commercial Realty Consultants Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,225,000
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Listed by Elior Levi, Fausto Commercial Realty Consultants Inc
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Recent Sales
Recently sold homes in ZIP 33020
These are the last 6 recorded closings in ZIP 33020, with the price each home actually sold for rather than what it was listed at. They closed at a median of $285 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$135,000
Sold · October 1, 2026
2122 Dewey Street
0 bed · 0 bath
$34,000 under the asking price
Sold$620,000
Sold · October 1, 2026
2100 N 14th Terrace
3 bed · 2 bath · 1,693 sqft · $366/sqft
$30,000 under the asking price
Sold$399,900
Sold · September 30, 2026
1705 Johnson Street C
3 bed · 2.5 bath · 1,581 sqft · $253/sqft
Sold$573,000
Sold · September 30, 2026
2111 N 14th Court
3 bed · 2 bath · 1,112 sqft · $515/sqft
$12,000 under the asking price
Sold$250,600
Sold · September 29, 2026
2241 Freedom Street
3 bed · 2 bath · 1,251 sqft · $200/sqft
$49,400 under the asking price
Sold$550,000
Sold · September 25, 2026
2424 Monroe Street
3 bed · 2 bath · 1,928 sqft · $285/sqft
$49,000 under the asking price
See every recorded sale in ZIP 33020 or find out what your ZIP 33020 home is worth.
