2300 N 23rd Ave, Hollywood FL 33020
$1,700,000
Est. Payment $9,048/mo
1963
Year Built
1
Stories
35
Days on Market
Description
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!
Facts
- MLS#
- A11838109
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 1963
- Lot Size
- 12,778 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 35 days
- Listed
- Jul 13, 2025
- Last Updated
- Oct 29, 2025
- Price/Lot Sq.Ft.
- $133/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$1,690,000
— bd · 0 ba · 5,604 sqft
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$1,650,000
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1821 N 17th Court, Hollywood FL 33020
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1735 Arthur Street, Hollywood FL 33020
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1610 - 1614 S - 1614 Dixie Highway, Hollywood FL 33020
$1,775,000
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1950 Taft Street, Hollywood FL 33020
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— bd · 0 ba · —
2000 N Dixie Highway, Hollywood FL 33020
SOLD$1,800,000
— bd · 0 ba · 6,880 sqft
2237 Taylor St, Hollywood FL 33020
$1,600,000
— bd · 0 ba · 4,127 sqft
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Market insights for Hollywood
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
49
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 10/29/2025 | Sold | $1,700,000 |
| 7/13/2025 | Listed for sale | $1,700,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$10,615/mo
Principal & Interest
$9,048
Property Tax
$1,417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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