About 2300 N 23rd Avenue
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!
Features of 2300 N 23rd Avenue
| MLS® # | A11838109 |
|---|---|
| USD | $1,315,000 |
| CAD | $1,822,524 |
| CNY | 元8,821,415 |
| EUR | €1,133,425 |
| GBP | £972,059 |
| RUB | ₽110,661,064 |
| Last Listing Price | $1,700,000 |
| Acres | 0.29 |
| Year Built | 1963 |
| Type | Residential |
| Sub-Type | Retail |
| Status | Closed |
| HOPA | No Hopa |
Community Information
| Address | 2300 N 23rd Avenue |
|---|---|
| Area | 3050 |
| City | Hollywood |
| County | Broward |
| State | FL |
| Zip Code | 33020 |
Amenities
| Parking | Common |
|---|
Interior
| Heating | Central Individual |
|---|---|
| Cooling | Central Individual |
| # of Stories | 1 |
Exterior
| Roof | Built-Up |
|---|---|
| Construction | Block, CBS |
Additional Information
| Date Closed | October 29th, 2025 |
|---|---|
| Date Listed | July 13th, 2025 |
| Days on Market | 426 |
| Zoning | DH-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 514209056090 |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|