500 SE 23rd Avenue, Pompano Beach FL 33062
Pompano Beach, FL 33062
$1,200,000
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- Price
- $1,200,000
- Building size
- 5,873
- Property type
- Multi Family
- Year built
- 1953
- Lot size (sq ft)
- 11,413
- MLS number
- F10541569
This listing is courtesy of United Realty Group, Inc, 561-235-2127.
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.
Details
- Property type
- Multi Family
- Year built
- 1953
- Lot size (sq ft)
- 11,413
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC