500 23rd ,Multi Family, Other for Sale & Rent

500 23rd for Sale & Rent

Price $1,325,000.00

• Lot size 11413
• Year Build 1953
• Waterfront
• Zip 33062
• Style
• Parking Description Common
• Pool Yes
• Status Active

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.

SANTA BARBARA ESTATES 9-10 B SEC A LOT 1,2 BLK 6

1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre

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.

City:Pompano Beach,Sewer:1:Public Sewer,2:Other,3:Public Sanitation,4:Sewer,Zoning:RM-20,Cooling:1:Central Air,2:Electric,Country:US,Heating:1:Electric,List A O R:BeachesMLS,Stories:1,Tax Year:2024,Latitude:26.2264641,Cooling Y N:1,Heating Y N:1,List Price:1325000,Listing Id:F10541569,Longitude:-80.1004762,Mls Status:Active,Utilities:1:Natural Gas Connected,2:Sewer Connected,3:Water Connected,4:Cable Available,5:Electricity Available,6:Natural Gas Available,7:Sewer Available,8:Water Available,Year Built:1953,Directions:I-95 to Atlantic Blvd east to Federal Hwy / US-1Turn right (south) to SE 23rd Ave Turn left (east) to 500 SE 23rd Ave on your right.,Inclusions:Building Only, Business And Building,Postal Code:33062,Street Name:23rd,Coordinates:1:26.2264641,Lot Features:1:Less Than 1 Acre,Photos Count:9,Days On Market:183,Listing Terms:1:Conventional,Lot Size Acres:0.262,Lot Size Units:Square Feet,M I A M I R E_ Area:3233,On Market Date:2025-12-04,Parcel Number:494306070310,Parking Total:10,Property Type:Commercial Sale,Stories Total:1,Street Number:500,Street Suffix:Avenue,Public Remarks: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.,County Or Parish:Broward County,Documents Count:1,Expiration Date:2026-11-01,List Office Name:United Realty Group, Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:6020,Property Sub Type:Multi Family,State Or Province:FL,Street Dir Prefix:SE,Tax Annual Amount:20162,Unparsed Address:500 SE 23rd Avenue, Pompano Beach FL 33062,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Road Frontage Type:1:City,Building Area Total:5873,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:11413,M I A M I R E_ Num Floors:1,M I A M I R E_ Num Meters:14,Number Of Buildings:3,Original List Price:1450000,Previous List Price:1450000,Public Survey Range:4943,Building Area Source:Owner,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-12-04,Originating System I D:miamire,Public Survey Section:6,Showing Instructions:Appointment Only,See Broker Remarks,Call Listing Agent,Elect Lockbox-Call List Agent,Street Number Numeric:500,Tax Legal Description:SANTA BARBARA ESTATES 9-10 B SEC A LOT 1,2 BLK 6,Electric On Property Y N:1,M I A M I R E_ Current Price:1325000,Public Survey Township:4943,M I A M I R E_ Year Installed:1953,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ County Land Code:08,M I A M I R E_ Geographic Area:North Broward Intracoastal To Us1 (3211-3234),M I A M I R E_ Parcel Number M L X:0310,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$26.22668$-80.10052$88.82$13.33$1.00$TI_uVbSwRXu4rv3-z_AUUw,Contract Status Change Date:2025-12-04,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Acreage Description:1/4+ To 1/2 Acre,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Parking Space Number:10,M I A M I R E_ Agent Alternate Phone:561-900-6888,M I A M I R E_ Approx Sqft Total Area:11413,M I A M I R E_ Property Description:Multifamily Redevelopment Opp,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:500 SE 23rd Ave,M I A M I R E_ Dade Market Amt Assessed Amt:902720,Internet Automated Valuation Display Y N:1,