2243 Simms St, Hollywood, FL 33020

$960,000

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List Price
$960,000
Price Change
▼ $30,000 1771472342
MLS#
A11920924
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Days on Market
264
Tax Amount
$8,452
Water Access
Building & Land, Business, License, Equipment, Furniture/Fixtures, Inventory
Parcel Number
514204011260
Lot Size
5,002
Address
2243 Simms St, Hollywood
Year Built
1960

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Listing Courtesy of Reaction Realty Group, Inc., Contact: