Property 500 SE 23rd Avenue, Pompano Beach, FL 33062 for sale with MLS# F10541569
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.
500 SE 23rd Avenue, Pompano Beach, FL 33062
- Price:
- $1,325,000.00
- Original List Price:
- $1,450,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Business Type:
- Other
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- February 27, 2026 6:32 pm
- Built-Up Area:
- 5,873 Sqft
- Building Area Source:
- Owner
- Lot Size Acres:
- 0.262
- Security:
- Security Lights
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Electric, Central Individual
- Year Built:
- 1953
- Roof:
- Rolled/hot Mop
- Number of Buildings:
- 3
- Construction Materials:
- Concrete
- Number of stories:
- 1
- Road Frontage Type:
- City Street
- Tax Annual Amount:
- $20,162.00
- Tax Year:
- 2024
- Tax Assessed Value:
- $902,720.00
- Parking Total Spaces:
- 10
- Parking Features:
- Common
- Sewer:
- Public Sewer
- Electric:
- 101-200 Amp Service
- Utilities Available:
- Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cable Connected
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Aerial Photo(s), Photos
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- SANTA BARBARA ESTATES 9-10 B SEC A LOT 1,2 BLK 6
- Real Estate Folio Number (Parcel Number):
- 494306070310
- Zoning:
- RM-20
- Active on the market since:
- December 4, 2025
- Listing Agreement executed on:
- December 4, 2025
- Price change occurred on:
- February 27, 2026 6:32 pm
- Listing Status Last Changed On:
- December 4, 2025 8:51 pm
- Photos updated on:
- December 17, 2025 8:51 pm
- Last Modified:
- September 3, 2026 11:22 pm
- Courtesy of:
- United Realty Group, Inc
- Attribution:
- Not provided
- Street Name:
- 23rd
- Street Number:
- 500
- City:
- Pompano Beach
- State:
- Florida
- Zip Code:
- 33062
- County:
- Broward
- Latitude:
- N26° 13' 36''
- Longitude:
- W81° 53' 58.1''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- SE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Broward County
Ver la propiedad 500 SE 23rd Avenue, Pompano Beach, FL 33062
