FLORENCE VILLAS
1231 NE 23rd Ave, Pompano Beach FL 33062
2,887 ft²
$1,200,000
Est. Payment $6,387/mo
2,887
Sq. Ft.
1966
Year Built
1
Stories
455
Days on Market
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!
Facts
- MLS#
- A11723353
- Subdivision
- FLORENCE VILLAS
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1966
- Lot Size
- 0 sqft
- Sq. Ft.
- 2,887 ft²
- Sq. Mt.
- 268 m²
- Price per sq. ft.
- $416/ft²
- Price per sq. mt.
- $4,478/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 455 days
- Listed
- Jan 13, 2025
- Last Updated
- Apr 13, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Pompano Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
55
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 1/13/2025 | Listed for sale | $1,200,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Charles David Wyche, Jr Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.3 mi
- North Dade Regional Academy
PK,KG · private · 0.5 mi
- Gina Cumbie
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Lake Stevens Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- All Stars Education Academy
KG,1,2,3,4,6,7,8,9,10,11,12 · private · 0.6 mi
- Lake Stevens Middle School
6,7,8 · public · 0.6 mi
- A Little College At Royal Oaks
PK,KG,1,2,3,4,5 · private · 0.7 mi
- Little College At Ludlam C Corporation
PK,KG,1 · private · 0.7 mi
- Joella Good Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
- ACCELERATION ACADEMIES-CENTRAL MIAMI-7871
8,9,10,11,12 · public · 0.8 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$7,537/mo
Principal & Interest
$6,387
Property Tax
$1,000
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours