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$1,315,000

  • Sold
  • Closed
  • Commercial Service
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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!

Full Property Details for 2300 N 23rd Ave

General

  • Sold For: $1,315,000
  • Taxes: $15,637
  • Status: Closed
  • Type: Commercial Service
  • Source: Greater_Miami
  • MLS ID: A11838109
  • Added to Site: 187 day(s) ago

Business

  • Business Type: Retail Space, Shopping Center

Interior

  • Flooring: Other, Tile

Parking

  • Parking Features: Common

Location

  • County: Broward County

Community

  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Individual A/C
  • Heating Type: Central Individual A/C

Utilities

  • Sewer: Public Sanitation
  • Water: Public

Structural Information

  • # Buildings: 1
  • Structure Type: Retail, Shopping Center
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Built-Up
  • Stories/Levels: 1
  • Building Size: 5082
  • Current Bldg. Use: Retail
  • Year Built: 1963

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Size (Sq. Ft.): 12,778
  • Potential Use: Investment
  • Zoning: DH-1

Financial Considerations

  • Tax Amount: $15,637
  • Terms: All Cash, Conventional/Refinance

Disclosures and Reports

  • Special Conditions: Sale
  • Documents Avail.: Aerial Photo(S), Rent Rolls
  • Legal Description: HOLLYWOOD PARK 4-19 B ALL OF LOT 1, LOT 2 LESS W 5 FT BLK 37
  • Property ID: 514209056090

Listed and Sold by Fausto Commercial Realty Consultants Inc

Listing agent

— 2300 N 23rd Ave —

  • Fausto Commercial Realty Consultants Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2300 N 23rd Ave

School District:Broward County School District
NameGradesDistance
Oakridge Elementary School
1507 North 28th Avenue, Hollywood, FL 33020
K-50.8 mi
Attucks Middle School
3500 North 22nd Avenue, Hollywood, FL 33020
6-80.8 mi
South Broward High School
1901 North Federal Highway, Hollywood, FL 33020
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2300 N 23rd Ave

Date
Details
Price
Change
Source
10/29/2025
Sold
$1,315,000
-22.65%
MLS
7/13/2025
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Fausto Commercial Realty Consultants Inc

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2300 N 23rd Ave, Hollywood, FL 33020 (MLS# A11838109) is a Commercial Service property that was sold at $1,315,000 on October 29, 2025. Want to learn more about 2300 N 23rd Ave? Do you have questions about finding other Commercial Service real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.