500 SE 23rd AVE, Pompano Beach, FL 33062
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500 SE 23rd AVE, Pompano Beach, FL 33062
500 SE 23rd AVE, Pompano Beach, FL 33062
500 SE 23rd AVE, Pompano Beach, FL 33062
500 SE 23rd AVE, Pompano Beach, FL 33062
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Peter Wolke

Peter Wolke

+1(917) 282-9082
$ 1,325,000
Est. payment /mo
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500 SE 23rd AVE Pompano Beach, FL 33062

5,873 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,873 sqft

Price per Sqft $225

MLS Listing ID F10541569

HOA Y/N No

Year Built 1953

Annual Tax Amount $20,162

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Multi Family

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.

Location

State FL

County Broward

Area 3233

Zoning RM-20

Interior

Interior Features InteriorFeatures

Heating Central, Electric, Individual

Cooling Central Air, Electric

Fireplace No

Exterior

Parking Features Common

Utilities Available Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Water Access Desc Multiple Meters,Public

Roof Type Rolled/Hot Mop

Road Frontage City Street

Total Parking Spaces 10

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Multiple Meters, Public

Structure Type Concrete

Others

Tax ID 494306070310

Security Features Security Lights

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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BeachesMLS, Inc. (FLR) IDX
Listed by Gary M Brown United Realty Group, Inc
Peter Wolke

Peter Wolke

Agent

+1(917) 282-9082

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500 SE 23rd AVE