2243 Simms St, Hollywood, FL 33020 — MLS photo

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2243 Simms St, Hollywood, FL 33020

Active · MixedUse

$899,900

2243 Simms St, Hollywood, FL 33020

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1960
Lot size
5,002 sq ft
HOA fee
—
Annual tax
—

About this property

Located in one of Hollywood’s designated Opportunity Zones, this unique portfolio consists of three adjacent properties offering exceptional investment and redevelopment potential, conveniently located close to major shopping and dining destinations such as Dania Pointe, as well as Fort Lauderdale–Hollywood International Airport, major highways, and the area’s beautiful beaches. Property #1, at 2243 Simms Street, is a currently occupied supermarket situated on a 5,000 square foot lot with a 3,478 square foot building, recently renovated with new coolers, shelving, fixtures, and modern lighting. Property #2, located at 2237 Simms Street, features a single-family home on a 5,000 square foot lot that can be delivered vacant at closing; the home includes 2 bedrooms, 1 bathroom, and a 660 square foot building, making it ideal for redevelopment or rental income. Property #3 is a vacant residential lot on Simms Street (Parcel ID #514204011240) offering 2,500 square feet of development potential and is zoned for residential use. Together, these three properties present a rare opportunity to acquire a multi-parcel portfolio in a strategic Hollywood location with strong long-term upside, ideal for investors, developers, or owner-users looking to capitalize on Opportunity Zone benefits.

Property location

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2243 Simms St, Hollywood, FL 33020

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MixedUse
Year built
1960
Lot size
5,002 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11920924
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,762

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$4,266/mo
Down payment
$224,975
Loan amount
$674,925
Annual NOI
$30,052

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.