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Property profile & analytics
FOR SALE
Retail space
2300 N 23Rd Ave Hollywood, FL 33020
Entity Owned
~
Est. High Equity
Property ID
US18-1765339
For Sale
1 / 2
Contact for pricing
2300 N 23Rd Ave, Hollywood, FL 33020
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Construction
CONCRETE
Total area
5,082 SF
Lot
0.29 ac (12,778 SF)
Zoning code
DH-1
APN
51-42-09-05-6090
UPID
US18-1765339
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
AXY Shop (Bike/Boat/Book/etc) Store Pet Store
-
AxyGlobal (Bike/Boat/Book/etc) Store Pet Store
-
MAP Moving & Storage Inc. Moving Company
-
GENERAL UPHOLSTERY SERVICES Furniture & Home Goods
-
New Image Graphics Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.30M
Owner & transaction history
2300 N 23 Avenue LLC
2300 N 23 Avenue LLC
since 2025
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
DH-1 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Redevelopment District area consists of the following zoning districts: Core Districts MC-1 - Multi-Family Residential Core TC-1 - Transitional Core RC-1 - Retail Core RC-2 - Historic Retail Core Dixie Highway Districts DH-1 - Dixie Highway Low Intensity Multi-Family District DH-2 - Dixie Highway Medium Intensity Multi-Family District DH-3 - Dixie Highway Hi…
Zone name
Dixie Highway Low Intensity Multifamily District
General category
RESIDENTIAL
Zone area
142.97 ac
Top alternative use upside
Warehouse, storage
$1.8M
+5.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,180,000
6.5%
$1,090,000
7%
$1,010,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,715,000
Current use
WAREHOUSE, STORAGE
$1,810,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.32M (Aug 3 2025)
Last sale anchor
$1.32M
Aug 3 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$256 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,898
Tax year 2023
Assessed value
$507,660
Assessed 2023
Previous assessed
$507,660
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$115,000
Assessed improvement
$392,660
Land market value
$115,000
Improvement market value
$392,660
Total market value
$507,660
Applied tax rate
513.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,082 SF
Lot
0.29 ac (12,778 SF)
Zoning code
DH-1
APN
51-42-09-05-6090
UPID
US18-1765339
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DH-1 · Hollywood, FLZoning DH-1 · permitted uses
DH-1 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Redevelopment District area consists of the following zoning districts: Core Districts MC-1 - Multi-Family Residential Core TC-1 - Transitional Core RC-1 - Retail Core RC-2 - Historic Retail Core Dixie Highway Districts DH-1 - Dixie Highway Low Intensity Multi-Family District DH-2 - Dixie Highway Medium Intensity Multi-Family District DH-3 - Dixie Highway High Intensity Mixed-Use District Federal Highway Districts FH-1 - Federal Highway Low
Zone name
Dixie Highway Low Intensity Multifamily District
General category
RESIDENTIAL
Zone area
142.97 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.8M
RETAIL STORES Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
2300 N 23 Avenue LLC
Entity
Mailing address
3849 SW 53RD PL, FORT LAUDERDALE, FL 33312-8204
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2025
$1,315,000
2300 N 23 Avenue LLC
Moderngraphics INC
Warranty Deed
$1,117,750 · Amerant Bank NA
Feb 16, 2024
—
Modern Graphics INC
—
Deed
related
$100,000 · Bsd Capital LLC
May 2, 2011
$280,000
Image New
Warrick Hollywood Props LLC
Warranty Deed
$230,000 · Sy Cap LLC
Mar 21, 2006
$6,500,000
Warrick Hollywood Props LLC
Two & Four INC
Grant Deed
$4,885,000 · Stonegate Bank
Jul 29, 2003
—
Tow & Four INC
Hutchison,lora J
Quit Claim Deed
related
—
—
—
Modern Graphics INC
—
Deed Of Trust
related
$237,000 · Totalbank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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