Duplex with Industrial
New
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 Market3
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
(954) 258-5900
Source:
Laerrealty
Added: Sep 19
Last Checked: Sep 21 at 4:08AM
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,784
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
