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.
- Heating System
- Cooling System
- Parking Features
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Pompano Beach
- Zipcode:
- 33062
- Street:
- 500 Se 23rd Avenue, Pompano Beach, Florida 33062
- Longitude:
- W81° 53' 57.6''
- Latitude:
- N26° 13' 35.6''
- Building Area:
- 5,873 Sqft
- Business Type
- Construction Materials:
- Block
- Cumulative DOM:
- 163
- DOM:
- 171
- 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.
- Electric
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 494306070310
- Stories Total:
- 1
- Tax Annual Amount:
- $20,162
- Utilities
- Virtual Tour:
- Click Here
Commercial Sale For Sale
500 Se 23rd Avenue, Pompano Beach, Florida 33062, Pompano Beach, Florida 33062
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,325,000
- Year Built :
- 1953
- MLS # :
- F10541569
- Property Sub Type :
- Multi Family
