500 SE 23rd Ave

Pompano Beach, FL 33062
  • $1,325,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 5,873

    SqFt

About the Listing 800518 - 3032083,20008132

Multifamily Redevelopment Opportunity – Pompano Beach.Prime 0.26-acre (11,326 SF) site just blocks from the Intracoastal and the revitalized Atlantic Blvd corridor. Existing 5-unit multi-family villa complex with courtyard and patio spaces offered as-is; ideal for redevelopment into 5 modern luxury townhomes, consistent with surrounding new construction. Located within Pompano’s East Transit-Oriented Corridor, enhancing redevelopment flexibility. Surrounded by significant luxury and mixed-use investment, marinas, beaches, and waterfront dining. Strong buyer demand with limited supply of new luxury townhomes creating a scarcity premium. Rare opportunity combining income hold with long-term redevelopment upside. Do not disturb tenants. Multifamily site just blocks from the Intracoastal and Atlantic Blvd existing 5-unit/3 building structure (built in 1953) being sold as-is development opportunity. Please contact agents for more information.

Listing Highlights

Status Active
Days on Site 139
Property Type Commercial Sale
MLS ® F10541569
Year Built 1953
Total Square Footage 5,873
Lot/Acreage 0.26
County Broward
Neighborhood Pompano Beach
Area 3233

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air,Electric
  • Heating: Central,Electric,Individual
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Multiple Meters,Public

Exterior Details

  • Lot Description: 1/4 to 1/2 Acre Lot
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Zoning: RM-20
  • Roof: Rolled/Hot Mop
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Common

Financial Details

  • Tax Amount: $20,162
  • Taxes w/Assessments: $902,720
  • Tax/Property ID: 494306070310
  • Tax Year: 2024

Payment Calculator

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Questions About..

500 SE 23rd Ave Pompano Beach, FL 33062

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Originating MLS: BEACH

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