Multifamily Redevelopment Site

500 SE 23rd Ave, Pompano Beach, FL 33062

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For Sale

$1,325,000

As-is 5-unit multifamily complex on a 0.26-acre site with courtyard and patio spaces for redevelopment.

Type:Commercial

Lot size:

0.26 Acres

HighLights

0.26‑acre (11,326 SF) site with an existing 5‑unit multifamily complex sold as‑is
Existing 5‑unit building structure built in 1953
Courtyard and patio spaces on‑site
Offered for redevelopment into 5 modern luxury townhomes consistent with surrounding new construction
Located within Pompano Beach’s East Transit‑Oriented Corridor
BikeScore 49 and walkScore 65; transitScore 31

We can help!

Listing Contact

Linda Barratt Cervantes PA

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For Sale

$1,325,000

As-is 5-unit multifamily complex on a 0.26-acre site with courtyard and patio spaces for redevelopment.

Type:Commercial

Lot size:

0.26 Acres

Added:: Jun 15, 2026
Days on Market:: 3
Last Refresh:: Jun 16 at 2:43 am

Property Features for 500 SE 23rd Ave

General Information

Standard status: Active
Lot size: 0.26 Acres
Property subtype: Commercial

Building Details

Year Built: 1953

We can help!

Listing Contact

Linda Barratt Cervantes PA

Listing agent Linda Barratt Cervantes PA License #3032083

Listing office United Realty Group Inc

Listing date Jun 15, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of United Realty Group Inc

HighLights

0.26‑acre (11,326 SF) site with an existing 5‑unit multifamily complex sold as‑is
Existing 5‑unit building structure built in 1953
Courtyard and patio spaces on‑site
Offered for redevelopment into 5 modern luxury townhomes consistent with surrounding new construction
Located within Pompano Beach’s East Transit‑Oriented Corridor
BikeScore 49 and walkScore 65; transitScore 31

Overview

This offering presents an as-is multifamily redevelopment site featuring an existing 5-unit villa complex arranged with courtyard and patio spaces. The property includes a 5-unit/3-building structure built in 1953. Buyers considering renovation or redevelopment will have an existing layout to evaluate on-site, with the property being sold as-is.

The site is located in Pompano Beach’s East Transit-Oriented Corridor, with the Intracoastal and the revitalized Atlantic Blvd corridor described as being just blocks away. The property is also positioned near amenities associated with marina, beach, and waterfront dining activity, supporting a walkable residential environment as reflected by the provided bike and walk scores.

For buyers and redevelopment teams, the current income property can be evaluated for its existing courtyard and patio configuration as part of a conversion plan. The seller notes that the asset is being offered as a development opportunity, and tenants should not be disturbed. Prospective investors and developers should contact the listing agents for additional information on the property and next steps.

Location Intelligence

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Apartment buildings

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Local Demand

City: Pompano Beach
County: Broward
State: Florida
Longitude: -80.100505
Latitude: 26.226435

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For sale
Apartment buildings
FL
Pompano Beach
33062
500 SE 23rd Ave

What type of property is this?

Apartment building - As-is 5-unit multifamily complex on a 0.26-acre site with courtyard and patio spaces for redevelopment.

Where is this apartment building located?

The property is located at 500 SE 23rd Ave Pompano Beach, FL.

What is the asking price?

The asking price for this property is $1,325,000.

What are key features of this property?

This property features: 0.26‑acre (11,326 SF) site with an existing 5‑unit multifamily complex sold as‑is; Existing 5‑unit building structure built in 1953; Courtyard and patio spaces on‑site