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Active - Multi Family for sale

500 SE 23rd Avenue, Pompano Beach FL 33062

Facts & features

Multi Family Property type
344 days on Beycome
1953 Year built
11,413 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of United Realty Group, Inc.

Listed by: Gary M Brown • 561-235-2127 • United Realty Group, Inc

Co-listed by: Linda Barratt Cervantes • 561-235-2127 • United Realty Group, Inc

Source: Miami MLS, MLS#: F10541569 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

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Affordability

$780,000$1,620,000
1%20%
0%90%
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Estimated monthly payment

$7,748/mo

  • Mortgage$6,068
  • Property tax$1,680
  • HOA fee
  • Homeowners insurance
Due at closing$954,000
Down payment held in escrow$240,000
Closing costs$18,000
beycome credit Est.$24,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Pompano Beach

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$1,200,000 Listed price

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$24,000 Credit back

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