500 SE 23rd Avenue, Pompano Beach, FL 33062
$1,325,000 · $226 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $1,325,000
- Price per sq ft: $226
- Building size: 5,873 sq ft
- Lot size: 11,413 sq ft
- Zoning: RM-20
- Year built: 1953
- Stories: 1
- Buildings: 3
- Parking spaces: 10
- Parcel ID: 494306070310
- MLS#: F10541569








About this property
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.
Building Features and Utilities
- Cable Connected
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
- Concrete
Operating Statement
| Property taxes | $20,162/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 500 SE 23rd Avenue
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
United Realty Group, Inc · pbrownell@urgfl.com · Listing agent: Gary M Brown
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 500 SE 23rd Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 500 SE 23rd Avenue
- How much is 500 SE 23rd Avenue?
- 500 SE 23rd Avenue is listed at $1,325,000, about $226 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 500 SE 23rd Avenue zoned?
- The listing reports zoning of RM-20. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 500 SE 23rd Avenue?
- The listing reports 5,873 square feet of building.
- When was 500 SE 23rd Avenue built?
- 500 SE 23rd Avenue was built in 1953. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 500 SE 23rd Avenue?
- The listing reports annual property taxes of $20,162 for 2024. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 500 SE 23rd Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
More Commercial Listings Nearby
- 1109 NW 6th Avenue 1-5, Pompano Beach · Multifamily for sale · $995,000 · 3,269 sq ft
- 3111 NW 3rd Avenue 1-24, Pompano Beach · Multifamily for sale · $4,500,000 · 18,667 sq ft
- 301 NW 32nd Court 1-22, Pompano Beach · Multifamily for sale · $4,000,000 · 16,679 sq ft
- 940 NW 8th Avenue, Pompano Beach · Multifamily for sale · $2,749,000 · 8,377 sq ft
- 2275 NE 12TH Street, Pompano Beach · Multifamily for sale · $4,750,000 · 11,165 sq ft
- 3212 NE 10th Street, Pompano Beach · Multifamily for sale · $3,799,000 · 6,146 sq ft
- 3300 SE 6th Street, Pompano Beach · Multifamily for sale · $2,600,000 · 3,511 sq ft
- 1361 NE 27 Way, Pompano Beach · Multifamily for sale · $1,690,000 · 4,547 sq ft
See every commercial listing in Pompano Beach or browse Florida commercial real estate.
Explore
- Pompano Beach Commercial Real Estate
- Florida Multifamily Properties for Sale
- Commercial property for sale in South Florida
- Florida commercial real estate
- Investment sales and 1031 exchanges
- Investment properties and investor services
- Land for sale
- Pompano Beach real estate
- Broward County real estate
- Talk to a commercial specialist