Overview
- Multi Family, Commercial Sale
- 5873
- 1953
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.
Address
Open on Google Maps- Address 500 SE 23rd Avenue
- City Pompano Beach
- State/county FL
- Zip/Postal Code 33062
- Area Broward
Details
Updated on July 23, 2026 at 9:51 am- Property ID: HZF10541569
- Price: $1,325,000
- Property Size: 5873 Sqft
- Land Area: 0.26 Acres
- Garage Size: x x
- Year Built: 1953
- Property Type: Multi Family, Commercial Sale
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash, Conventional
- Roof: Rolled/Hot Mop
- Utilities: Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Sewer: Public Sewer
- Cooling: Central Air, Electric
- Heating: Central, Electric, Individual
- County: Broward
- Property Type: Commercial Sale
- Parking: Common
Mortgage Calculator
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