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

1231 NORTH EAST 23RD AVE #4, Pompano Beach

$1,150,000 USD
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Address1231 NORTH EAST 23RD AVE #4, Pompano Beach
Building NameFLORENCE VILLAS
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,150,000
Previous Price$1,200,000 (79 days ago)
Property StatusActive
MLS NumberA11723353
Living Area2887
Year Built1966
Parking Space Number4
Folio Number484330200170
Zoning InformationRM-20
Days on Market260

Detailed 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!

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Address Information
StateFlorida
CityPompano Beach
CountyBroward County
Zip Code33062
Address1231 NORTH EAST 23RD AVE
Section30
Zip Code (4 Digits)3744
Financial Information
Price$1,150,000
Price per Foot$0
Previous Price$1,200,000
Folio Number484330200170
Tax Amount$14,864
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionPRIME 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!
How to ReachWaze google maps maps
Roof DescriptionMetal Roof, Other
Floor DescriptionOther, Tile
Cooling DescriptionElectric
Heating DescriptionOther
Sewer DescriptionOther
Property parameters
Living Area2887
Zoning InformationRM-20
Year Built1966
Type of PropertyQuadruplex
StyleQuadruplex
Building NameFLORENCE VILLAS
Development NameFLORENCE VILLAS
Construction TypeCBS Construction
Stories Number1.000
Street DirectionNorth East
Parking Space Number4
Listed withCompra Venta Miami