Duplex with Separate Electric
725 Columbus Parkway, Hollywood, FL 33021
For Sale
New
$489,900
The property includes separate electric service and multiple cooling and water-heating systems.
Property Size1,082 SF
Price / SF$452.77
Days on Market5
Property Features for 725 Columbus Parkway
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Multifamily Units
Individually Metered Utilities
Amenities
0.13 acres, Less Than 1/4 Acre Lot, Corner Lot, Less Than 1 Acre, Septic
Comp Shingle Roof, Wood Joist Roof, Wood Shake Roof, Shingle, Wood Shingle Roof
Septic Tank
Parcel Number: 514113021070, Annual Amount: $4,970, Legal Description: HOLLYWOOD BEACH GARDENS CORR PLAT 10-14 B LOT 1 BLK 11, Year: 2025, Zoning: RM-9
Ceramic Floor
Wall/Window Unit(s)
Listing ID: B26098153, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-11-09
Elementary School: West Hollywood, Middle School: Olsen, High School: South Broward
Other Windows
Built in 1938, Year Built Details: Newly Updated/Renovated, Living area: 1082, Living area units: Square Feet, 1 storey, Construction Materials: CBS Construction, Frame, Frame With Stucco
Subdivision: HOLLYWOOD BEACH GARDENS, MLS Area (Major): Hollywood Beach Gardens, County/Parish: Broward County
Substantially Remodeled, Updated/Remodeled, Completely Renovated, Leasable area units: Square Feet
2 units in community, Gas Metered
Cable Connected, Electricity Connected, Other Utilities Available, Septic, Water Connected, Cable Available, Electricity Available, Water Available, Water Source: Public
Funding, Long Closing Preferred, Negotiable
Allowed: Yes
Water
Waterfront
Association Fee: $0
Building Details
Year Built
Listing Agency:
Premiere Homes Realty Inc
(954) 961-5744
Listed By:
Stephen Jagpersad · License FL #3447701
(954) 404-4252
Source:
Riserealty
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:28PM
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 Premiere Homes Realty Inc
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Investment Insights
Based on property information with market context.
This duplex includes 2 refrigerators, 2 ranges, 2 ceiling fans, 2 water heaters, and 4 air-conditioning units. It has 2 separate electric meters. The property was upgraded approximately 2 years ago, and its roof and drain field are approximately 6–7 years old.
Nearby destinations named for the property include Hard Rock Hotel & Casino, shopping, beaches, entertainment, and Fort Lauderdale-Hollywood and Miami International airports.
Nearby destinations named for the property include Hard Rock Hotel & Casino, shopping, beaches, entertainment, and Fort Lauderdale-Hollywood and Miami International airports.
Key Highlights
- 2 separate electric meters
- Includes 4 air‑conditioning units, 2 water heaters, 2 refrigerators, and 2 ranges
- Roof and drain field are approximately 6–7 years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,386
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,720
$387.7K
Cap Rate 7%
$276,943
$276.9K
Cap Rate 9%
$215,400
$215.4K
Market Conditions
NOI Build-Up for 1,082 SF
Gross rent
$29.2K $27.00/SF
− Vacancy
−$1.5K −$1.40/SF
EGI
$27.7K $25.60/SF
− OpEx
−$8.3K −$7.68/SF
NOI
$19.4K $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%
$387,720
Cap Rate 7%
$276,943
Cap Rate 9%
$215,400
Alternative Uses
Best Use
Multifamily LT 5
$276.9K
$242.3K – $323.1K
NOI $19,386 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$257.6K
$225.4K – $300.6K
NOI $18,035 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$423.3K
$370.4K – $493.8K
NOI $29,629 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,535
Businesses Nearby
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Business Placement
Demographics for 33021, FL
50,091
Population
21,930
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
5,692
Density / Sq Mi
$69,249
Median Household Income
$41,390
Median Earnings
$1,707
Median Rent
$395,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Hollywood, FL
Properties on Market for Duplexes in Hollywood
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes separate electric service and multiple cooling and water-heating systems.
Where is this duplex located?
The property is located at 725 Columbus Parkway Hollywood, FL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: 2 separate electric meters; Includes 4 air‑conditioning units, 2 water heaters, 2 refrigerators, and 2 ranges; Roof and drain field are approximately 6–7 years old
