USAFLHollywood2300 N 23Rd Ave
2300 N 23 Rd Ave, Home with 0 bedrooms, 0 bathrooms and null parking in HOLLYWOOD FL | Image 1
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$1,700,000

2300 N 23 Rd Ave, Hollywood, FL

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $15,637
Days Active 0
Approx. Age 1963
MLS® Number A11838109

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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!Show Description
MLS® NumberA11838109
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1963
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral Individual A/C
A/CCentral Individual A/C
Heating Fuel

Extras

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