Multifamily For Sale
500 Se 23rd Ave, Pompano Beach, FL 33062

$1,450,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10541569
  • Virtual Tour: YES
  • List Price: $1,450,000
  • Taxes:$20,162
  • Year Built:1953
  • Listing Date:December 17, 2025
  • Days On Market:7

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.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker