1231 NE 23rd Avenue, Pompano Beach, FL 33062 (MLS# A11723353)

1231 NE 23rd Avenue, Pompano Beach, FL 33062

$1,100,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11723353

Property Type: Residential Income Square Footage: 2,887 Status: Active

Current Price: $1,100,000 List Date: 1/13/2025 Last Modified: 6/18/2026

Overview

Description

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!

Listing Details MLS# A11723353

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 2887
Living Area Main: 2887
Adjusted Area Main: 2887
Year Built: 1966
Parking Total: 4
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Financial Statement Flooring: Tile; Other Structure Type: Multi Family Construction Materials: CBS Cooling: Electric Heating: Other Listing Terms: Cash; Conventional Possession: Negotiable Roof: Metal; Other Tax Information: City/County Utilities: Cable Not Available; Sewer Available Unit 3 Appliances: Microwave; Refrigerator Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1200000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1231
Street Direction Prefix: NE
Street Name: 23rd
Street Suffix: Avenue
City Name: Pompano Beach
State Or Province: FL
Postal Code: 33062
Postal Code +4: 3744
Postal Zip: 33062
Subdivision Name: FLORENCE VILLAS
Area: 3232
Geographic Area: NBEA - North Broward Ocean To Intracoastal (3111-3121)
Elementary School: Pompano Beach
Middle Or Junior School: Pompano Beach
High School: Blanche Ely
Parcel Number: 484330200170
Subdivision Number: 20
Zoning: RM-20
Flood Zone: AE,X
Directions: wazegoogle mapsmaps

Financial Information

Tax Annual Amount: 14864
Tax Year: 2024
Tax Legal Description: FLORENCE VILLAS 42-8 B LOT 9 BLK 2

Status Change Information

Major Change Timestamp: 2026-06-18T17:18:13Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-18T17:18:13Z
Status Change Date: 2025-01-13

More Information

Income and Expenses

Gross Income: 6650

Unit 3 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 700

Unit 3 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 381.01

Section Details

Parcel Number MLX: 0170

Originating Details

Originating System Key: 405574584
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes
Other: Yes

Documents Available

Financial Statement: Yes

Structure Type

Multi Family: Yes

Possession

Negotiable: Yes

Utilities

Cable Not Available: Yes
Sewer Available: Yes

Heating

Other: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Metal: Yes
Other: Yes

Cooling

Electric: Yes

Tax Information

City/County: Yes

Unit 3 Appliances

Microwave: Yes
Refrigerator: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Documents

Income and Expenses ›

Listing Office: Compra Venta Miami

Last Updated: June - 18 - 2026

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