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1231 NE 23rd Ave, Pompano Beach FL 33062

Multi-family For Sale
$1,200,000

BTC: 18.75000000

ETH: 666.66666667

506 days
0 room(s)
2,887 sqft

Overview

PRIME INVESTMENT ALERT: Outstanding opportunity to acquire a cash-flowing fourplex in red-hot Pompano Beach! This strategically located multi-family property at 1231 NE 23rd Ave delivers immediate returns with three stable tenants already in place, plus one vacant unit ready for value-add potential. Position yourself in one of South Florida's strongest rental markets, just minutes from pristine beaches, thriving retail, and major employment centers. Whether you're growing your portfolio or making your first multi-family investment, this turnkey fourplex offers the ideal blend of stable income and upside potential. Don't miss this rare chance to own a performing asset in one of Florida's most dynamic rental markets - call now before this opportunity disappears!

Location

Florida • Pompano Beach • 33062 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1966
Lot:
No Data
Heating:
Other
Price/sqft:
$416
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$952,000
$849K – $1.1M
Confidence Low
List vs. estimate
$248K above estimate
List $1,200,000 · +26.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$415
+19.4% vs. city median $348
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,864
2024
Parking
4 spaces
All facts and features

  • Flooring

    • Other

    • Tile

    Heating

    • Other

    Cooling

    • Electric

  • Other Property Information

    • Parcel Number: 484330200170

    • Zoning: RM-20

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $14,864

  • Source details

    • MLS ID: A11723353

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Living Area: 2887

    • Subdivision Name: FLORENCE VILLAS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33062
169
median $734K
Active
Same city
Pompano Beach
419
median $365K
Active
Same type
Multi-family
14
median $995K
Active
Similar price
$840K – $1.6M
39
median $1.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compra Venta Miami