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Active Multi Family
$1,325,000 ↓ −$125,000 (8.6%)
500 SE 23rd Avenue, Pompano Beach FL 33062, Pompano Beach, FL 33062
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1953
Year Built

About This Property

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.

Property Details

Property Type Multi Family
Days on Market 183 days
HOA Fee None
Parking 10 spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

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School Grades Report Card
Mcnab Elementary
Elementary
PK–05
Pompano Beach Middle
Middle
6–8
Blanche Ely High
High School
9–12

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Broward County Public Schools's official locator to confirm.

Location

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D
Dayron Crespo
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