500 Se 23rd Avenue, Pompano Beach, FL

$1,325,000

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0.26

Acres

About 500 Se 23rd Avenue

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.

Features of 500 Se 23rd Avenue

MLS® # F10541569
Price $1,325,000
Acres 0.26
Year Built 1953
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 500 Se 23rd Avenue
Area 3233
City Pompano Beach
County Broward
State FL
Zip Code 33062

Amenities

Parking Common

Additional Information

Zoning RM-20
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeUnited Realty Group, Inc

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