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    500 SE 23rd AVE, Pompano Beach, FL 33062
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    500 SE 23rd AVE, Pompano Beach, FL 33062
    500 SE 23rd AVE, Pompano Beach, FL 33062
    500 SE 23rd AVE, Pompano Beach, FL 33062
    500 SE 23rd AVE, Pompano Beach, FL 33062
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    Juan & Carolina Vasquez

    Juan & Carolina Vasquez

    +1(201) 819-6735
    $ 1,200,000
    Est. payment /mo
    Save Virtual Tour
    Active

    500 SE 23rd AVE Pompano Beach, FL 33062

    5,873 SqFt

    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 5,873 sqft

    Price per Sqft $204

    MLS Listing ID F10541569

    Construction Status Resale

    HOA Y/N No

    Year Built 1953

    Annual Tax Amount $20,162

    Tax Year 2024

    Lot Size 0.260 Acres

    Acres 0.26

    Property Sub-Type Multi Family

    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.

    Location

    State FL

    County Broward

    Area 3233

    Zoning RM-20

    Interior

    Interior Features InteriorFeatures

    Heating Central, Electric, Individual

    Cooling Central Air, Electric

    Fireplace No

    Exterior

    Parking Features Common

    Utilities Available Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Water Access Desc Multiple Meters,Public

    Roof Type Rolled/Hot Mop

    Accessibility None

    Road Frontage City Street

    Total Parking Spaces 10

    Building

    Lot Description 1/4 to 1/2 Acre Lot

    Story 1

    Sewer Public Sewer

    Water Multiple Meters, Public

    Structure Type Concrete

    New Construction No

    Construction Status Resale

    Others

    Tax ID 494306070310

    Security Features Security Lights

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition Standard

    Virtual Tour https://www.propertypanorama.com/500-SE-23rd-Ave-Pompano-Beach-FL-33062/unbranded

    BeachesMLS, Inc. (FLR) IDX
    Listed by Gary M Brown United Realty Group, Inc

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    Juan & Carolina Vasquez
    Juan & Carolina Vasquez

    +1(201) 819-6735 | movewithvasquez@gmail.com

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    500 SE 23rd AVE