Homes for sale in Pompano Beach
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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.