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!
Listed by Victor Persia
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License #3194931
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Compra Venta Miami
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786-285-1871
Last updated October 07, 2025
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Source: MIAMIRE #A11723353
Listing Facts
TypeMulti-family
NeighborhoodAvalon Harbor
Days on Prevu284
Taxes$14,864/year
Size2,887 sqft
Price per sqft$416
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
10/07/2025
Price Increased
$1,200,000
03/10/2025
Price Decreased
$1,150,000
01/13/2025
Listed by Compra Venta Miami
$1,200,000
Property Details for 1231 NE 23rd Ave
Association
General
Number Of Units In Community: 4
Exterior
Construction
Number Of Units Total: 4
Roof: Metal Roof, Other
Stories: 1
Stories Total: 1
Structure Type: Quadruplex, Fourplex
Year Built: 1966
Year Built Details: Effective Year Built
Architectural Style: Other
Building Name: FLORENCE VILLAS
Construction Materials: CBS Construction
Measurements
Building Area Total: 2,887
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 484330200170
Tax Annual Amount: $14,864.00
Tax Year: 2024
Interior
Features
Flooring: Other, Tile
Measurements
Living Area: 2,887
Living Area Units: Square Feet
Other
Location
Subdivision Name: FLORENCE VILLAS
Parking
Parking
Parking Total: 4
Utilities
Equipment
Cooling: Electric
Has Cooling: Yes
Heating: Other
Has Heating: Yes
Sewer: Other
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.