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500 SE 23rd Avenue Pompano Beach, FL $ 1,325,000
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$ 1,325,000 Get more info
500 SE 23rd Avenue
$ 1,325,000
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500 SE 23rd Avenue

Pompano Beach, FL, 33062
$ 1,325,000
Bedrooms-- Baths-- Sq 5,873

Monthly Estimate*

$ 8,158

500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 1
500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 2
500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 3
500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 4
500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 5
500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 6
500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 7
500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 8
500 SE 23rd Avenue, Pompano Beach, FL 33062 - Image 9
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Commercial Property for sale in Pompano Beach, FL

for $1,325,000. This 5,873 square foot building was built in 1953 on a lot size of 0.26.

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.

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Commercial Active

Price

$ 1,325,000

Property Type

Commercial

Taxes

$ 20,162

Style

Lot Size

0.26

Year Built

1953

Town/City

Pompano Beach

County/Region

Broward

MLS | Web ID

F10541569
Features
General
Sewer Public Sewer
Heating Central Electric Individual
Cooling Central Air Electric
Utilities Cable Connected Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Rolled/Hot Mop
Security Features Security Lights
Construction Materials Concrete
Year Built 1953
Property Subtype Multi Family
Tax Year 2024
Business Type Other
County Broward
Property Type Commercial Sale
Status Active
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.
City Pompano Beach
MLS Area 3233
Tax Annual Amount 20162
Virtual Tour https://www.propertypanorama.com/500-SE-23rd-Ave-Pompano-Beach-FL-33062/unbranded
Standard Status Active
Property Sub Type Additional Multi Family
Legal Description SANTA BARBARA ESTATES 9-10 B SEC A LOT 1 2 BLK 6
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Common
Lot Features 1/4 to 1/2 Acre Lot
Water Source Multiple Meters Public
Total Parking 10
Lot Size Area 11413
Number of Buildings 3
Building Area Total 5873
Lot Size Acres 0.26
Road Frontage Type City Street
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* Excluded Features
List By
Gary M Brown

Listing Agent

Affordability Calculator

$9,838
Per Month
83%
17%
0%
Monthly Principal & Interest
$8,158
Monthly Property Taxes
$1,680
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
2/27/2026$1,325,000 -8.62% Price Down
2/20/2026$1,450,000 Listed Price

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500 SE 23rd Avenue, Pompano Beach, FL, 33062 is a Commercial Property for sale at $1,325,000 with 5,873 sqft and a lot size of 0.26. 500 SE 23rd Avenue was built in 1953. The property's zip code is 33062 which is in Pompano Beach, FL

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