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Duplex with Industrial Lot
For Sale
$495,000

2136 COLLINS Court #1-2, Hollywood, FL 33020

Two-bedroom units accompany an adjacent vacant parcel with industrial zoning and separate folio numbers.

Property Size2,053 SF
Price / SF$241.11
Days on Market19

Property Features for 2136 COLLINS Court #1-2

General Information

Standard status Active
Size 2,053 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning DH-3

Additional Details

Land Use residential, industrial

Taxes and HOA fees

Annual Taxes $8,907

Building Details

Building Size 2,053 SF
Year Built 1951
Buildings 1
Stories 1
Listing Agency: A J Ryan Realty
Listed By: John M Ryan · License #506936
Source: Laerrealty
Added: Sep 19 Changed: Oct 4 Last Checked: Oct 5 at 3:55PM

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

Investment Insights

Based on property information with market context.

This 2,053-square-foot duplex contains two separate residential units, each configured with two bedrooms and one bathroom. The offering also includes an adjacent 4,000-square-foot vacant lot identified as industrial-zoned land, creating a combined property with both existing residential improvements and additional land.

The property is located at 2136 Collins Court in Hollywood, Florida, and comprises two folio numbers: 514216010220 and 514216070160. The source information identifies DH-3 zoning and notes access to major roadways, shopping, employment centers, and surrounding South Florida communities. Built in 1951, the duplex provides a defined two-unit layout alongside the adjoining vacant parcel.

Key Highlights

  • Duplex with two 2‑bedroom, 1‑bath units
  • Adjacent 4,000‑square‑foot vacant industrial‑zoned lot
  • 2,053‑square‑foot duplex

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 (±1% cap)
NOI $36,784 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$488.8K
$427.7K – $570.3K (±1% cap)
NOI $34,219 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$803.1K
$702.7K – $937.0K (±1% cap)
NOI $56,219 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Farmer's Market Fish Market Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,610
Businesses Nearby

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units accompany an adjacent vacant parcel with industrial zoning and separate folio numbers.
Where is this duplex located?
The property is located at 2136 COLLINS Court #1-2 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 2‑bedroom, 1‑bath units; Adjacent 4,000‑square‑foot vacant industrial‑zoned lot; 2,053‑square‑foot duplex
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