For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Multifamily Redevelopment Opportunity Title is generated by Realmo AI

    500 SE 23rd, Pompano Beach, FL 33062

    View on Map
    Claim this Listing
    For Sale
    $1,325,000

    Redevelopment-ready 5-unit multifamily complex on a small infill site near the Intracoastal and Atlantic Blvd corridor.

    Type:Commercial
    Lot size:
    0.26 Acres
    Added:
    Jan 23, 2026
    Days on Market:
    165
    Last Refresh:
    Jul 4 at 4:10 am

    Property Features for 500 SE 23rd

    General Information

    Standard status
    Active
    Lot size
    0.26 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1953

    We can help!

    Contact an agent
    GARY M BROWN

    Listing office UNITED REALTY GROUP, INC

    Listing date Jan 23, 2026

    Source Corcoran

    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) infill site in Pompano Beach, just blocks from the Intracoastal
    • Existing 5‑unit multifamily villa complex with courtyard and patio spaces
    • Property includes an existing 5‑unit/3 building structure built in 1953, sold as‑is
    • Offered for redevelopment into 5 modern luxury townhomes consistent with nearby new construction
    • Located within Pompano Beach’s East Transit‑Oriented Corridor

    Overview

    The property is a redevelopment opportunity featuring an existing 5-unit multifamily villa complex with courtyard and patio spaces. The offering is for the property as-is, and the structure is described as a 5-unit/3-building complex built in 1953. The site is positioned on a 0.26-acre lot and is presented with existing outdoor common areas that may be incorporated into a future redevelopment plan.

    Situated in Pompano Beach, the site is described as being just blocks from the Intracoastal and within Pompano’s East Transit-Oriented Corridor. The public remarks also note proximity to the revitalized Atlantic Blvd corridor, with the surrounding area characterized by luxury and mixed-use investment, along with nearby marinas, beaches, and waterfront dining. Please note the property is tenanted and instructions are to not disturb residents.

    This offering is designed for buyers seeking an income hold with redevelopment in mind, with the current asset structure and site layout serving as the starting point for future conversion. The remarks describe a concept to redevelop the existing complex into modern luxury townhomes, subject to buyer’s due diligence and approvals. Agents can provide additional information for qualified parties.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Dental Office Skin Care Clinic Accounting Firm Restaurant Pharmacy Gym & Fitness Center Spa & Massage Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.115842
    Latitude
    26.2590824

    FAQs

    What type of property is this?
    Apartment building - Redevelopment-ready 5-unit multifamily complex on a small infill site near the Intracoastal and Atlantic Blvd corridor.
    Where is this apartment building located?
    The property is located at 500 SE 23rd 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) infill site in Pompano Beach, just blocks from the Intracoastal; Existing 5‑unit multifamily villa complex with courtyard and patio spaces; Property includes an existing 5‑unit/3 building structure built in 1953, sold as‑is
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message