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Homes for sale in Pompano Beach
Multi Family

500 SE 23rd Avenue

Pompano Beach, FL 33062
$1,325,000
Year built
1953

Listing courtesy of Gary M Brown, United Realty Group, Inc

About this home

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.

Details

Property

Type
Multi Family
Year built
1953
Stories
1
Lot size
11,413 sq ft
County
Broward County

Interior

Cooling
Central Individual A/C, Central Air, Electric
Heating
Central Individual A/C, Electric

Exterior and parking

Parking
Common
Construction
Concrete Block Construction

Community and fees

Maintenance includes
Landscaping/Lawn Maintenance
Security
Security Lights
Annual taxes
$20,162
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 15, 2026.