$1,325,000
500 SE 23rd Avenue
Pompano Beach, FL 33062
Explore the area: Pompano Beach homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $1,325,000
- Price per sq ft
- N/A
- Original price
- $1,450,000
- Days on market
- 306
This commercial property in ZIP 33062 is listed at $1,325,000. The asking price has come down 8.6% from its original $1,450,000. It has been on the market for 306 days.
Estimated monthly payment
$6,963 /mo
Principal and interest only, based on $265,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,325,000
- Days on Site
- 306 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 5,873 sqft
- Lot Size
- 0.26 Acres
- Year Built
- 1953
- Property Type
- Commercial
- MLS #
- F10541569
- Property Tax
- $20,162 (2024)
- County
- Broward
- Status
- Active
- Special Conditions
- Standard
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.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1953
- Number of Stories
- 1
- Parking
- Common
- Lot Size (Acres)
- 0.26
- Total Sq Ft
- 5,873
- Sewer
- Public Sewer
- Water Source
- Multiple Meters / Public
- Zoning
- RM-20
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Central / Electric / Individual
Exterior Features
- Construction
- Concrete
- Roof
- Rolled Hot Mop
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Security
- Security Lights
- Utilities
- Cable Connected / Electricity Available / Natural Gas Available / Sewer Available / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 3233
About the Area
Browse Pompano Beach homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Pompano Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Pompano Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 1,277
- Median List Price
- $360,000
- Median $/Sq Ft
- $308
- Avg Days on Market
- 139
Frequently Asked Questions
- How do I schedule a tour of 500 SE 23rd Avenue, Pompano Beach, FL 33062?
- Use the Tour button on this listing to request a showing of 500 SE 23rd Avenue, Pompano Beach, FL 33062. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 500 SE 23rd Avenue, Pompano Beach, FL 33062 still available?
- 500 SE 23rd Avenue, Pompano Beach, FL 33062 is currently listed as Active, and has been on the market 306 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 500 SE 23rd Avenue, Pompano Beach, FL 33062?
- With 20% down ($265,000) on the $1,325,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 500 SE 23rd Avenue, Pompano Beach, FL 33062 is about $6,963/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 500 SE 23rd Avenue, Pompano Beach, FL 33062?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 500 SE 23rd Avenue, Pompano Beach, FL 33062. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 500 SE 23rd Avenue, Pompano Beach, FL 33062?
- Often, yes. The right offer on 500 SE 23rd Avenue, Pompano Beach, FL 33062 depends on how it's priced against comparable commercial sales in Pompano Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of United Realty Group, Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,325,000
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Listed by Gary M Brown, United Realty Group, Inc
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Recent Sales
Recently sold homes in ZIP 33062
These are the last 6 recorded closings in ZIP 33062, with the price each home actually sold for rather than what it was listed at. They closed at a median of $392 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$2,350,000
Sold · October 5, 2026
305 S Riverside Drive
3 bed · 3.5 bath · 2,704 sqft · $869/sqft
$149,000 under the asking price
Sold$416,000
Sold · October 5, 2026
1200 Hibiscus Avenue 1101
2 bed · 2 bath · 1,234 sqft · $337/sqft
$8,900 under the asking price
Sold$430,000
Sold · October 1, 2026
1010 S Ocean Boulevard 1711
2 bed · 2 bath · 1,100 sqft · $391/sqft
$35,000 under the asking price
Sold$442,500
Sold · September 30, 2026
501 N Riverside Drive 301
2 bed · 2.5 bath · 1,480 sqft · $299/sqft
$26,500 under the asking price
Sold$3,300,000
Sold · September 30, 2026
1116 N Ocean Boulevard 1106
3 bed · 3.5 bath · 2,589 sqft · $1,275/sqft
$75,000 under the asking price
Sold$395,000
Sold · September 30, 2026
2747 NE 15th Street 2747
2 bed · 2.5 bath · 1,008 sqft · $392/sqft
$14,000 under the asking price
See every recorded sale in ZIP 33062 or find out what your ZIP 33062 home is worth.
