500 Se 23rd Avenue, Pompano Beach, FL 33062
- $1,325,000
- List Price
- $1,325,000
- MLS#
- F10541569
- Status
- ACTIVE
- Type
- Commercial
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.
Additional Information
- Days on Market
- 237
- Tax Amount
- $20,162
- Water Access
- Building Only, Business And Building
- Parcel Number
- 494306070310
- Lot Size
- 11,413
- Directions
- I-95 to Atlantic Blvd east to Federal Hwy / US-1Turn right (south) to SE 23rd Ave Turn left (east) to 500 SE 23rd Ave on your right.
- Address
- 500 Se 23rd Avenue, Pompano Beach
- Year Built
- 1953
- Section
- 6
Mortgage Calculator
Listing Courtesy of United Realty Group, Inc, Contact: