500 SE 23rd Ave

Pompano Beach , FL 33062

MLS#: F10541569

$1,450,000

Status: Active
Listing number: F10541569
Listing provided by: United Realty Group, Inc
Listing agent phone: None
Last update: 10 days ago
On site: 11 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1953

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Common

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.262

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,450,000

  • Tax Amount

    20162.0

  • Zoning

    RM-20

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Gary Brown , United Realty Group, Inc

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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.

500 SE 23rd Ave

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