2300 N 23rd Ave | Hollywood, FL 33020
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- LoopNet Team
2300 N 23rd Ave
Hollywood, FL 33020
Plaza 2300 · Retail Property For Sale
Investment Highlights
- Three of the four units are occupied, with two tenants on leases featuring 3% annual rent increases, offering built-in income growth.
- Located in a busy commercial corridor with excellent visibility, access, foot traffic, and proximity to major highways and established retailers.
- Current rent is below market—providing strong potential for rental growth and immediate upside through lease adjustments to market rates.
- Strong value-add investment—once the vacant space is leased, projected gross annual income reaches $152,000.
Property Facts
Property Type
Retail
Building Size
5,082 SF
Building Class
C
Year Built
1963
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.31 AC
Zoning
DH-1 - Dixie Highway Low Intensity Multi-Family District.
Parking
20 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
230’ on North 23rd Avenue
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 51-42-09-05-6070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $623,940 |
Property Taxes
Parcel Number
51-42-09-05-6070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$623,940
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