$ 1,200,000
-
$1,200,000
Price -
5,873
SqFt -
0.26
Acre
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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 for 500 SE 23rd Ave
Interior Details
- Appliances:
- Air Cond: Central Air,Electric
- Heating: Central,Electric,Individual
- Fireplaces:
- Floor:
- 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
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
500 SE 23rd Ave Pompano Beach, FL 33062
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