500 SE 23rd Avenue, Pompano Beach, FL 33062
Property Type:
Commercial Sale
Square Footage:
5,873
Status:
Active
Current Price:
$1,325,000
List Date:
12/04/2025
Last Modified:
9/15/2026
Overview
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.
Supplements:
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.
Listing Details MLS# F10541569
Listing Office:
United Realty Group, Inc
Last Updated: September - 15 - 2026
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