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!

Address

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Address: 23rd Ave
City: Pompano Beach
State/county: Broward County
Zip/Postal Code: 33062
Area: FLORENCE VILLAS

Details

Updated on April 14, 2026 at 2:24 am

Property ID A11723353
Price $1,200,000
Property Size 2887 Square Feet
Year Built 1966
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Other
BuildingAreaTotal 2887
BuildingAreaUnits Square Feet
BuildingName FLORENCE VILLAS
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-01-13
Cooling Electric
DaysOnMarket 455
Directions waze google maps maps
DocumentsAvailable Financial Statement
ExpirationDate 2029-02-28
Flooring Other, Tile
Heating Other
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 3057962171
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Florence Villas
MajorChangeTimestamp October 7, 2025 at 05:13pm
MajorChangeType Price Increase
MlsStatus Active
ModificationTimestamp April 13, 2026 at 07:28pm
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2025-01-13
OriginalEntryTimestamp January 13, 2025 at 04:38pm
OriginalListPrice 1200000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 484330200170
ParkingTotal 4
PhotosChangeTimestamp January 13, 2025 at 04:50pm
PhotosCount 15
Possession Funding
PostalCodePlus4 3744
PreviousListPrice 12000
PriceChangeTimestamp October 7, 2025 at 05:13pm
PublicSurveyRange 48
PublicSurveySection 30
PublicSurveyTownship 48
RentIncludes None
Roof Metal Roof, Other
Sewer Other
ShowingInstructions See Broker Remarks
SourceSystemKey 405574584
StateOrProvince FL
StatusChangeTimestamp January 13, 2025 at 04:38pm
Stories 1
StoriesTotal 1
StreetDirPrefix NE
StreetName 23rd Ave
StreetNumber 1231
StreetNumberNumeric 1231
StructureType Quadruplex, Fourplex
SyndicationRemarks 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!
TaxAnnualAmount 14864
TaxLegalDescription FLORENCE VILLAS 42-8 B LOT 9 BLK 2
TaxYear 2024
YearBuiltDetails Effective Year Built
Zoning RM-20