500 SE 23rd AvenuePompano Beach, FL 33062MLS Number F10541569

  • Price: $1,325,000
  • 208 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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500 SE 23rd Avenue Pompano Beach FL 33062500 SE 23rd Avenue Pompano Beach FL 33062500 SE 23rd Avenue Pompano Beach FL 33062500 SE 23rd Avenue Pompano Beach FL 33062500 SE 23rd Avenue Pompano Beach FL 33062500 SE 23rd Avenue Pompano Beach FL 33062500 SE 23rd Avenue Pompano Beach FL 33062500 SE 23rd Avenue Pompano Beach FL 33062500 SE 23rd Avenue Pompano Beach FL 33062
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  • 0.26Acreage
  • 1953Year Built
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 by United Realty Group,Inc

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Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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More Info

Tax Information

  • Tax Year 2024
  • Taxes$20,162

Building

  • Building ConstructionConcrete
  • Year Built1953

Property

  • Business TypeOther
  • Number Of Buildings 3

Utilities

  • Heat SystemCentral, Electric, Individual
  • Heating YN Yes
  • Utilities Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Waste Water DisposalPublic Sewer

Other

  • Date Listed12/04/2025
  • Documents Available Aerial, Ground Photo
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Parking

  • Parking Features Common
  • Parking Total 10

Location

  • Address500 SE 23rd Avenue
  • Area3233
  • Building Number500
  • CountyBroward
  • StateFL
  • StreetSE 23rd Avenue
  • TownPompano Beach
  • Zip33062

Property Information

  • Acreage0.26
  • Lot Features 1/4 to 1/2 Acre Lot
  • Property Sub Type Additional Multi Family

Water Body

  • Water AccessMultiple Meters, Public

Basic Information

  • List Price$1,325,000
  • MLS NumberF10541569
  • Modification Date04/14/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Exterior

  • RoofRolled/Hot Mop

Amenities

  • Cooling Central Air, Electric
  • Cooling YN Yes
  • Security Features Security Lights

Based on information submitted to BeachesMLS as of June 30, 2026 12:32 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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