500 Se 23rd Avenue, Pompano Beach, FL 33062
- $1,325,000
- List Price
- $1,325,000
- Days on Market
- 282
- MLS#
- F10541569
- Year Built
- 1953
- Lot Size
- 11,413
- Acres
- 0.26
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.
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Additional Information
- Taxes
- $20,162
- Community Features
- Not Found
- Property Description
- Multi Family
- Zoning
- RM-20
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Heating
- Central Individual A/C, Electric
- Air Conditioning
- Central Individual A/C, Central Air, Electric
- Exterior Construction
- Concrete Block Construction
Listing Courtesy Of United Realty Group, Inc, Contact: