500 SE 23rd Avenue

Highlights:

• Lot Features: 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre
• Building Features: Compressed Natural Gas
• Number Of Buildings: 3
• Bathrooms Total: 0
• Documents Available: Aerial Photo
• Cooling: Central Individual A/C, Central Air, Electric
• Heating: Central Individual A/C, Electric
• Electric: 101-200 Amps
• Construction Materials: Concrete Block Construction
• Parking Features: Common
• Security Features: Security Lights

Description:

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.

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Listing ID: F10541569