2247 Simms St, Hollywood FL 33020

Located in the sought-after Liberia subdivision of Hollywood, Broward County, 2247 Simms St, Hollywood FL 33020 is a detached residential income property offering an attractive multifamily investment opportunity. Known as LIBERIA, this Quadruplex-style property was built in 1956 and features seven one-bedroom, one-bath units within a 3,164 square-foot building.
The property is currently producing approximately $80,718 in net operating income, reflecting a 6.23 percent cap rate at the asking price, with additional potential through future rent increases. Each unit benefits from central air conditioning, central heating, stainless steel appliances, and impact windows. A 2016 roof helps reduce the need for significant near-term capital improvements.
The location is ideal for both investors and tenants. Downtown Hollywood is just five minutes away, Hollywood Beach is approximately 10 minutes away, and Fort Lauderdale-Hollywood International Airport can be reached in about eight minutes. Convenient access to Interstate 95 connects residents with major employment centers, shopping, dining, and entertainment throughout South Florida.
Living near Miami offers year-round sunshine, beautiful beaches, a vibrant nightlife and arts scene, excellent restaurants, and a diverse cultural atmosphere. The area also provides strong transportation access, international connectivity, and a lifestyle that continues to attract renters from around the country and the world.
With its established rental income, desirable location, and value-add potential, 2247 Simms St, Hollywood FL 33020 is a compelling opportunity in one of South Florida’s active rental markets.
For more information or to schedule a private showing, call or text +1 786.468.4380 by Tel or WhatsApp.