Quadruplex in 1231 NE 23rd Ave Pompano Beach for sale with MLS# A11723353

PRIME INVESTMENT ALERT: Outstanding opportunity to acquire a cash-flowing fourplex in red-hot Pompano Beach! This strategically located multi-family property at 1231 NE 23rd Ave delivers immediate returns with three stable tenants already in place, plus one vacant unit ready for value-add potential. Position yourself in one of South Florida's strongest rental markets, just minutes from pristine beaches, thriving retail, and major employment centers. Whether you're growing your portfolio or making your first multi-family investment, this turnkey fourplex offers the ideal blend of stable income and upside potential. Don't miss this rare chance to own a performing asset in one of Florida's most dynamic rental markets - call now before this opportunity disappears!

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1231 NE 23rd Ave, Pompano Beach, FL 33062

Price
Price:
$1,200,000.00
Previous Asking Price:
$12,000.00
Original List Price:
$1,200,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
MLS Number:
A11723353
Description of Last Important Update:
Price Change
Last Major Update on:
October 7, 2025 1:13 pm
Measures
Living Area:
2,887 Sqft
Built-Up Area:
2,887 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Electric
Heating System:
Other
Construction
Year Built:
1966
Year Built Details:
Effective Year Built
Roof:
Other, Metal
Architectural Style:
Fourplex
Levels:
One
Construction Materials:
Block
Flooring:
Tile, Other
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$14,864.00
Tax Year:
2024
Property Tax Status:
Tax Reflects City & County Tax
Parking
Parking Total Spaces:
4
Covered Spaces:
0
Utilities
Sewer:
Other
Utilities Available:
Cable Not Available
Community
Subdivision Name:
FLORENCE VILLAS
Senior Community:
No
Terms
Documents Available:
Financials
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
FLORENCE VILLAS 42-8 B LOT 9 BLK 2
Real Estate Folio Number (Parcel Number):
484330200170
Zoning Description:
RM-20
Listing History
Originally published on:
January 13, 2025 11:38 am
Active on the market since:
January 13, 2025
Price change occurred on:
October 7, 2025 1:13 pm
Listing Status Last Changed On:
January 13, 2025 11:38 am
Photos updated on:
January 13, 2025 5:11 pm
Last Modified:
April 13, 2026 7:29 pm
Additional Information
Flood Zone:
AE, X
Type of Association:
None
Style:
Fourplex
Subdivision Number:
20
Courtesy of:
Compra Venta Miami
Attribution:
Not provided
Location
Street Name:
23rd Ave
Street Number:
1231
City:
Pompano Beach
State:
Florida
Zip Code:
33062
County:
Broward
Latitude:
N26° 14' 50.6''
Longitude:
W81° 54' 0.7''
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,955
Median Home Value $511,800
Median Rent $1,888/mo
Median Age 60
Population 25,495

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.