1231 NE 23rd Ave

$1,200,000
Price
Beds
Baths
2,887 Sq. Ft.
$416 / Sq. Ft.
2,887
Sq. Ft.
$416
per Sq. Ft.

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...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!
  1. Listed by Victor Persia • Compra Venta Miami

Property Details for 1231 Northeast 23rd Avenue

Subdivision
FLORENCE VILLAS
Style
Fourplex
Waterfront
No
Area
3232
Geographic Area
North Broward Ocean To Intracoastal (3111-3121)
Auction
No
Total Units
4
Num Stories
1
LISTING UPDATED: 10/07/2025 01:17 PM

Property Details for 1231 Northeast 23rd Avenue

StatusActive
MLS #A11723353
Days on Market343
Taxes$14,864 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1966
Lot Size-
CountyBroward County

Location

Listing Courtesy of Compra Venta Miami
Add your commute

Building Information for 1231 Northeast 23rd Avenue

Stories-Residences4Year Built1966Building Size-Lot Size-

Payment Calculator

$7,168 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,930

Property Taxes

$1,239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1231 Northeast 23rd Avenue

Location Information
Location Information
  • Parcel Number Free Text: 484330200170
  • Parcel Number MLX: 0170
  • MLS Area: 3232
  • Township Range: 48
  • Section: 30
  • Subdivision Number: 20
  • Subdivision Complex Bldg: FLORENCE VILLAS
  • Unit Count: 4
  • Zoning Information: RM-20
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Other
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof Description: Metal Roof, Other Roof
  • Flooring: Other Floors, Tile Floors
  • Floor Description: Other Floors, Tile Floors
  • Directions: waze google maps maps
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Electric Cooling
  • Sewer Description: Other Sewer
  • Separate Meter: No
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: None
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE,X
  • Tax Year: 2024
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Financial Statement

Property History for 1231 Northeast 23rd Avenue

DateEvent & SourcePriceAppreciation
Oct 7, 2025

Price Change

MiamiRE #A11723353

$1,200,000
Mar 10, 2025

Price Change

MiamiRE #A11723353

$1,150,000
Jan 13, 2025

Listed (Active)

MiamiRE #A11723353

$1,200,000
Jun 29, 2017

Sold

GFLR #H10181555

$485,000
Apr 11, 2017

Pending

GFLR #H10181555

Nov 21, 2016

Cancelled

GFLR #H10130751

Nov 21, 2016

Listed (Active)

GFLR #H10181555

$539,900
Aug 11, 2016

Listed (Active)

GFLR #H10130751

$565,000
DateEvent & SourcePrice
10/07/2025

Price Change

MiamiRE #A11723353

$1,200,000
03/10/2025

Price Change

MiamiRE #A11723353

$1,150,000
01/13/2025

Listed (Active)

MiamiRE #A11723353

$1,200,000
06/29/2017

Sold

GFLR #H10181555

$485,000
04/11/2017

Pending

GFLR #H10181555

11/21/2016

Cancelled

GFLR #H10130751

11/21/2016

Listed (Active)

GFLR #H10181555

$539,900
08/11/2016

Listed (Active)

GFLR #H10130751

$565,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1231 Northeast 23rd Avenue

Taxable ValueLand$70,790Additions$500,400Total$571,190
Tax Record2023$13,224 ($1,102 / month)
Home Facts
Total Finished SqFt2,887 SqFtAbove Grade Finished SqFt2,887 SqFtStories1Lot Size7,866 SqFtStyleQuadraplexYear Built1965Year Renovated1966ZoningRM-20CountyBROWARDAPN48-43-30-20-0170

Schools near 1231 Northeast 23rd Avenue

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pompano Beach Elementary School
PublicPK to 5

Pompano Beach Middle School
Public6 to 8

Blanche Ely High School
Public9 to 12

Pompano Beach High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1231 Northeast 23rd Avenue is a multi-family home for sale in Pompano Beach, FL 33062. This property was listed for sale on January 13, 2025 by Compra Venta Miami, it's currently listed at $1,200,000. It has been on the market for a total of 343 days and was last sold on June 29, 2017. This listing's school district is Broward. Nearby schools include Pompano Beach Elementary School, Pompano Beach Middle School and Blanche Ely High School. 1231 Northeast 23rd Avenue is a 0-bed, 0-bath, 2,887 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compra Venta Miami

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.