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$1,200,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
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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!

Full Property Details for 1231 NE 23rd Ave

General

  • Price: $1,200,000
  • Taxes: $14,864 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11723353
  • Updated: 10/7/2025
  • Added to Site: 369 day(s) ago

Rental Information

  • Rent Includes: None

Interior

  • Flooring: Other, Tile

Parking

  • Total Spaces: 4

Location

  • Area: Florence Villas
  • County: Broward County
  • Subdivision: FLORENCE VILLAS
  • Building Name: FLORENCE VILLAS
  • Driving Directions: waze google maps maps

Community

  • Community Name: Florence Villas
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Other

Utilities

  • Sewer: Other

Structural Information

  • Architectural Style: Other
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Metal Roof, Other
  • Stories/Levels: 1
  • Building Size: 2887
  • Square Feet: 2,887
  • Living Area: 2,887 Sq. Ft.
  • Year Built: 1966

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: RM-20

Financial Considerations

  • Price Per Sq. Ft.: $415.66
  • Tax Amount: $14,864
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Financial Statement
  • Legal Description: FLORENCE VILLAS 42-8 B LOT 9 BLK 2
  • Property ID: 484330200170

Listed by Compra Venta Miami

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— 1231 NE 23rd Ave —

  • Compra Venta Miami

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1231 NE 23rd Ave

School District:Broward County School District
NameGradesDistance
Pompano Beach Elementary School
700 Northeast 13th Avenue, Pompano Beach, FL 33060
PK-50.8 mi
Pompano Beach Middle School
310 Northeast 6th Street, Pompano Beach, FL 33060
6-81.5 mi
Blanche Ely High School
1201 Northwest 6th Avenue, Pompano Beach, FL 33060
9-122.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1231 NE 23rd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2025
Price Increased
$1,200,000
26.32%
MLS
6/06/2025
Sold
$950,000
-17.39%
Public Record
3/10/2025
Price Reduced
$1,150,000
-4.17%
MLS
1/13/2025
Listed
$1,200,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1231 NE 23rd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,865
—
$730,420
—
2024
$14,865
12%
$730,330
28%
2023
$13,224
11%
$571,190
7%
2022
$11,940
3%
$531,410
2%
2021
$11,609
23%
$519,350
27%
2019
$9,410
13%
$409,480
10%
2018
$8,345
30%
$372,260
14%
2017
$6,420
11%
$326,530
15%
2016
$5,792
8%
$284,310
26%
2015
$5,351
9%
$225,420
10%
2014
$4,923
6%
$204,930
10%
2013
$4,633
—
$186,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Compra Venta Miami

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1231 NE 23rd Ave, Pompano Beach, FL 33062 (MLS# A11723353) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1231 NE 23rd Ave is currently listed for $1,200,000 and was received on January 13, 2025. Want to learn more about 1231 NE 23rd Ave? Do you have questions about finding other Multi-Family real estate for sale in Pompano Beach? You can browse all Pompano Beach real estate or contact a Coldwell Banker agent to request more information.

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