500 SE 23rd Avenue, Pompano Beach, FL 33062

• 5,873 sqft

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:

August 10, 2026 at 7:21AM

Listing Office:

United Realty Group, Inc : 561-235-2127

Listing Agent:

Gary M Brown : 561-900-6888

MLS ID:

F10541569

Interior

• A/C: Central Individual A/CCentral AirElectric
• Heating: Central Individual A/CElectric

Exterior

• Parking: CommonParking spaces: 10

Construction

• General: Concrete Block Construction1

Location

• Road/Access: City StreetCity
• Originating MLS: Miami Association of REALTORS®
• County: Broward County

Lot

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

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedCable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available101-200 AmpsElectricity on Property
• Water: Public
• Sewer: At SitePublic SewerOtherPublic SanitationSewer

Financial

• Source: Miami Association of REALTORS®