$1,325,000

500 SE 23rd Avenue, Pompano Beach FL, 33062

Price per sqft$225.61

Built in1953

Property size5,873 sqft

Property typeCommercial

Courtesy of Gary M Brown with United Realty Group, Inc

Overview

Active

Listed Dec 17, 2025

Updated 11 days ago

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.

Additional information

MLS^® ID: F10541569

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.26 Acres

Other Property Details

Taxes: $20,162
Tax Frequency: Annually

Also listed on RAMB and RMLS & RAGFL

Courtesy of United Realty Group, Inc, Gary M Brown,
Listing Contact: 561-235-2127

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 6:14 AM UTC, 10/7/2026