
$1,325,000 USD
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. 500 SE 23rd Avenue, Pompano Beach, Florida 33062 is listed for $1,325,000.
Property features
Lot/Land
- Land/Lot size:
1,060 m² (11,412.72 ft²)
Construction
- Year built: 1953
Parking/Garage
- Parking description: Common Lot
Utilities
- Other utilities: PublicPublic Sewer
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