$1,450,000

500 SE 23rd Avenue, Pompano Beach, FL 33062

Multi-Family Home
Built in 1953
0.26acre lot
—— car garage
$——/sqft
Listed 2 months ago

Property 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.

Listing Status:: Active
Date Added:: December 4, 2025
Data Last Updated:: February 11, 2026 at 7:18AM
Listing Office:: United Realty Group, Inc : 561-235-2127
Listing Agent:: Gary M Brown : 561-900-6888
MLS ID:: F10541569

Parking: CommonParking spaces: 10

Road/Access: City Street
Originating MLS: BEACH_BEACH
County: Broward

Zoning: RM-20SANTA BARBARA ESTATES 9-10 B SEC A LOT 12 BLK 6494306070310

Water: Public
Sewer: Public Sewer

Source: BEACH_BEACH

This listing courtesy of Gary M Brown , United Realty Group, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Broward Children's Center North

25 SE 20th Ave, Pompano Beach, FL, 33060

Grades PK-12

0.34 miles away

Broward Children's Center North

25 SE 20th Ave, Pompano Beach, FL, 33060

Grades PK-12

0.34 miles away

Broward Children's Center North

25 SE 20th Ave, Pompano Beach, FL, 33060

Grades PK-12

0.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.