$1,690,000
0 ba ·
1361 NE 27 Way, Pompano Beach, FL 33062
1 / 9
500 SE 23rd Avenue, Pompano Beach, FL 33062
$1,325,000— Beds0 Baths
Pompano Beach, FL 33062
Status
Active
Type
Multi Family
Year Built
1953
Days on Market
285
Lot Size
11,413 sqft
MLS #
F10541569
About This Home
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.
Property Details
- Heating
- Central Individual A/C, Electric
- Cooling
- Central Individual A/C, Central Air, Electric
- Parking Features
- Common
Building & Association
- Stories
- 1
- Stories Total
- 1
- Association
- No
- Security Features
- Security Lights
Lot & Construction
- Lot Features
- 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre
- Lot Size Square Feet
- 11,413
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction
- New Construction
- No
Public Records
- Parcel Number
- 494306070310
- Tax Annual Amount
- $20,162
- Tax Year
- 2,024
- Zoning
- RM-20
- County Or Parish
- Broward County