About This Home

This 0-bedroom, 0-bathroom residential multi family at 500 SE 23rd Avenue in Pompano Beach, FL is listed for $1,200,000 ($204 per sqft). Built in 1953, the home offers 5,873 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1953
  • 0.26 acre lot
  • 10 parking spaces

Property Details

1 story
10 spaces
1953

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

500 SE 23rd Avenue

Pompano Beach, FL 33062

Property Details

Construction

Concrete

Heating

CentralElectric (Heating)

Cooling

ElectricCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 500 SE 23rd Avenue is listed at $1,200,000 ($204/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.26 acre lot, 10 parking spaces.

This property is listed by Gary M Brown.

GB

Gary M Brown

License 3032083

Agent at United Realty Group Inc

Listed by United Realty Group Inc · Broker phone: (954) 450-2000

MLS# F10541569· Source: BeachesMLS· 327 days on PropertySimple

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 SE 23rd Avenue, Pompano Beach, FL 33062

Open this listing in: