
$1,325,000
Commercial for Sale, 500 SE 23rd Avenue, Pompano Beach, Florida 33062
- MLS#F10541569
Listed By United Realty Group, Inc
The Commercial Property for Sale located at 500 SE 23rd Avenue, Pompano Beach, Florida 33062 is currently for sale.
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
500 SE 23rd Avenue, Pompano Beach, Florida 33062
Property features
Lot/Land
- Land/Lot size:
1,060 m² (11,413 ft²)
Construction
- Year built: 1953
- Construction: Concrete/Block
Heating and Cooling
- Heating System: Electric
- Cooling System: ElectricCentral AC
Utilities
- Telecommunication: Cable Available
- Other utilities: Natural GasSewerPublicSewer Available Off SitePublic Sewer