Duplex with Adjacent Industrial
For Sale
$495,000
1-2-2136 Collins Ct, Hollywood, FL 33020
Two two-bedroom residences are paired with vacant industrial-zoned land in Hollywood.
Property Size2,053 SF
Price / SF$241.11
Days on Market33
Property Features for 1-2-2136 Collins Ct
General Information
Standard status
Active
Size
2,053 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$8,907
Listing Agency:
A J Ryan Realty
(954) 926-6040
Listed By:
John M Ryan · License #506936
(954) 258-5900
Source:
Exprealty
Added: Sep 17
Changed: Oct 11
Last Checked: Oct 16 at 11:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A J Ryan Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering combines a duplex with an adjacent vacant lot designated for industrial use. The residential building contains two units, each with two bedrooms and one bathroom. The property information reports a size of 2,053 square feet; the adjacent lot is 4,000 square feet.
Located in Hollywood, the property has access to major roadways, shopping, employment centers, and surrounding South Florida communities. The parcels are identified under two folio numbers: 514216010220 and 514216070160.
Located in Hollywood, the property has access to major roadways, shopping, employment centers, and surrounding South Florida communities. The parcels are identified under two folio numbers: 514216010220 and 514216070160.
Key Highlights
- Duplex with two units, each configured with 2 bedrooms and 1 bathroom
- Adjacent 4,000‑square‑foot vacant lot with industrial zoning
- Property information reports a size of 2,053 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,784
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,680
$735.7K
Cap Rate 7%
$525,486
$525.5K
Cap Rate 9%
$408,711
$408.7K
Market Conditions
NOI Build-Up for 2,053 SF
Gross rent
$55.4K $27.00/SF
− Vacancy
−$2.9K −$1.40/SF
EGI
$52.5K $25.60/SF
− OpEx
−$15.8K −$7.68/SF
NOI
$36.8K $17.92/SF
Area
Hollywood, FL
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,680
Cap Rate 7%
$525,486
Cap Rate 9%
$408,711
Alternative Uses
Best Use
Multifamily LT 5
$525.5K
$459.8K – $613.1K
NOI $36,784 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$488.8K
$427.7K – $570.3K
NOI $34,219 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$803.1K
$702.7K – $937.0K
NOI $56,219 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,610
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom residences are paired with vacant industrial-zoned land in Hollywood.
Where is this duplex located?
The property is located at 1-2-2136 Collins Ct Hollywood, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Duplex with two units, each configured with 2 bedrooms and 1 bathroom; Adjacent 4,000‑square‑foot vacant lot with industrial zoning; Property information reports a size of 2,053 square feet
