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Multi Family

500 SE 23rd Avenue, Pompano Beach FL 33062

$1,325,000
Tax: $20,162/yr
Lot Size
11,413 sqft

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.

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Property Features

Multi Family Multi Family
All Cash, Conventional
Central Individual A/C, Central Air, Electric
Central Individual A/C, Electric
Landscaping/Lawn Maintenance
Broward County 26.2264641, -80.1004762

More about this Property

Common
Security Lights
Concrete Block Construction
1/4 To Less Than 1/2 Acre Lot Less Than 1 Acre

The Visual Story

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