$1,325,000
 $7,113 est/mo Sourced by Back At You

500 SE 23rd Avenue,Pompano Beach, FL 33062

Pompano Beach, FL 33062

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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.

Details

MLS #F10541569
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1953
Days On Site276
Listing Provided ByUnited Realty Group, Inc | Gary M Brown

Features

SQ Feet5,873
Story(s)1
Building(s)3
ZoningRM-20
Acreage0.26

Exterior

Lot FeaturesLess Than One Acre, Quarter To Half Acre Lot

Parking

Parking FeaturesCommon

Taxes

Tax Annual Amount20162

Area Information

StateFL
CountyBroward
CityPompano Beach
Zip Code33062
Area23
SubareaNorth Broward Intracoastal To Us1 (3211 3234)
Listing VS Median (in 33062)
Price:
$1,325,000
low | high
Med:
$280,000
100% of Average
sqft:
5,873
low | high
Med:
714
100% of Average
$ / sqft:
$226
low | high
Med:
$455
51.834905660377% of Average
On site:
276
low | high
Med:
67.5
100% of Average
Sourced by Back At You

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Learn More About This Property

DoMi Real Estate Advisors

DoMi Real Estate Advisors

 (305) 646-9096info@domirealestate.com
StateFL
CountyBroward
CityPompano Beach
Zip Code33062
Area23
SubareaNorth Broward Intracoastal To Us1 (3211 3234)
Listing VS Median (in 33062)
Price:
$1,325,000
low | high
Med:
$280,000
100% of Average
sqft:
5,873
low | high
Med:
714
100% of Average
$ / sqft:
$226
low | high
Med:
$455
51.834905660377% of Average
On site:
276
low | high
Med:
67.5
100% of Average
Sourced by Back At You
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sqft: 4,000 - 7,000
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Listing Updated: September 3, 2026 at 2:46:35 PM PDT
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