2243 Simms St, Hollywood, FL 33020
Mixed Use, Detached - Hollywood, FL
- Added:
- Apr 23, 2026
- Days on Market:
- 66
- Last Refresh:
- Jun 27 at 5:06 pm
Property Features for 2243 Simms St
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- RS-1
- Parking
- 10
- Standard status
- Active
- APN
- 514204011260
- Size
- 3,478 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8452
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Other
- Architectural style
- Other
Listing agent Erin Marvasti License #3062492 (954) 709-0192
Listing office Reaction Realty Group, Inc. 1640 NW 70 Way, hollywood, FL (954) 967-6767
Listing date Apr 23, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Located in a designated Opportunity Zone offering potential tax benefits.
- Portfolio consists of three adjacent properties with redevelopment and investment potential.
- Prime location near Dania Pointe, Fort Lauderdale–Hollywood International Airport, major highways, and beaches.
- Property #1: Occupied, recently renovated supermarket provides immediate income.
- Property #2: Single‑family home, deliverable vacant, suitable for redevelopment or rental income.
- Property #3: Vacant residential lot offers immediate development potential.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.6k | $31.80 |
| − Vacancy | −$5.2k | −$1.49 |
| EGI | $105.4k | $30.31 |
| − OpEx | −$47.4k | −$13.64 |
| NOI | $58.0k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1531215
- Latitude
- 26.0365561