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500 23rd, Pompano Beach, FL

Offering:
For Sale
Location:
Pompano Beach, FL 33062
Status:
Active
$1,325,000

Deemed reliable but not guaranteed.

Details
Year built:
1953
Lot size:
0.26 acres · 11,413 sq ft
Levels:
One
Stories:
1
Parking:
10 spaces
Days on market:
306
Annual tax (2024):
$20,162
Assessed value:
$902,720
Type:
Multi-family
MLS ID
F10541569
Virtual tour:
Listed by:
United Realty Group, Inc (FLL800518)
Listing office phone:
561-235-2127
Listing office email:
Listing agent:
Gary M Brown (FLL3032083)

Features

Block
Less Than One Acre
Quarter To Half Acre Lot
Association
Fee includes:
Maintenance Grounds
Utilities
Available:
Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available
Water source:
Public
Sewer:
Not Connected At Lot, Public Sewer, Other

Description

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.

Location

500 SE 23rd Avenue
Pompano Beach, FL 33062

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MLS information

Last updated Oct 6, 2026

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