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 Show Phone

Source: Laerrealty

Added: Sep 19 Changed: Oct 4 Last Checked: Oct 19 at 3:57AM

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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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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

Is this asking price fair?

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. How Realmo checks its estimates

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

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

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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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