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$1,100,000
Property 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!
Full Property Details
Full Property Details for 1231 NE 23rd
General
- Price: $1,100,000
- Taxes: $14,864 (2024)
- Status: Active
- Type: Multi-Family
- Source: Martin_County
- MLS ID: A11723353
- Updated: 9/3/2026
- Added to Site: 600 day(s) ago
Interior
- Flooring: Other
Parking
- Covered Spaces: 4
- Total Spaces: 4
Location
- Area: 3232
- County: Broward
- Subdivision: FLORENCE VILLAS
- Driving Directions: waze google maps maps
Community
- Community Name: 3232
- Assoc. Fees Include: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Other
Utilities
- Utility Description: Sewer Available
Structural Information
- Construction: Block, Concrete
- Roof: Metal, Other
- Stories/Levels: 1
- Square Feet: 2,887
- Living Area: 2,887 Sq. Ft.
- Year Built: 1966
Lot Features
- Zoning: RM-20
Financial Considerations
- Tax Amount: $14,864
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: FLORENCE VILLAS 42-8 B LOT 9 BLK 2
- Property ID: 484330200170
Listed by Compra Venta Miami
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Schools
Schools serving 1231 NE 23rd
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Cresthaven Elementary School 801 Northeast 25th Street, Pompano Beach, FL 33064 | PK-5 | 0.5 mi |
Crystal Lake Community Middle School 3551 Northeast 3rd Avenue, Pompano Beach, FL 33064 | 6-8 | 1.2 mi |
Deerfield Beach High School 910 Southwest 15th Street, Deerfield Beach, FL 33441 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1231 NE 23rd
Date
Details
Price
Change
Source
6/06/2025
Sold
$950,000
-13.64%
Public Record
1/13/2025
Listed
$1,100,000
—
MLS
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
Tax History for 1231 NE 23rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,786
6%
$763,330
5%
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1231 NE 23rd
1231 NE 23rd, Pompano Beach, FL 33062 (MLS# A11723353) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1231 NE 23rd is currently listed for $1,100,000 and was received on January 13, 2025. Want to learn more about 1231 NE 23rd? 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.
