Basic Information
- MLS # A11838109
- Type Retail
- Status Active
- Year Built 1963
- Total Sqft 12,778
- Date Listed 07/13/2025
- Days on Market 2
Rare opportunity to purchase a neighborhood retail/strip center right off of Sheridan St and Dixie Hwy, just minutes from I-95. This 5,082 SF multi-tenant building is divided into four units—three at approximately 850 SF and one at 2,532 SF. Three of the four units are currently occupied, with two tenants on leases that include 3% annual rent increases, while current rents remain below market, offering immediate upside through market-rate leasing. Positioned in a busy commercial corridor with excellent visibility and access, this property is a strong value-add investment. Once the vacant space is leased, you can achieve a gross annual income of $152,000 with an easy 7% cap rate at the asking price!
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description Common
- Roof Description Built Up
- Style Retail
Interior Features
- Adjusted Sqft 12,778Sq.Ft
- Cooling Description Central Air
- Floor Description Other, Tile
- Heating Description Central
- Sqft 12,778 Sq.Ft
Property Features
- Address 2300 N 23rd Ave
- Aprox. Lot Size 12,778
- City Hollywood
- Construction Materials Block
- County Broward
- Furnished Info no
- Levels One
- Listing Terms Cash, Conventional, Other
- Occupant Type Call Agent
- Parking Features Common
- Possession Closing And Funding
- Postal City Hollywood
- Public Survey Section One
- Roof Built Up
- Sewer Description Public Sewer
- Stories 1
- Subdivision Complex
- Subdivision Info
- Tax Amount $15,637
- Tax Legal desc H O L L Y W O O D P A R K4-19 B A L L O F L O T1, L O T2 L E S S W5 F T B L K37
- Tax Year 0
- Terms Considered Cash, Conventional, Other
- Type of Property Retail
- Water Source Public
2300 N 23rd Ave
Hollywood, FL 33020Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc. tel: 9548617971
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