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!
Compra Venta Miami
Features & Details
Learn about the features and details of 1231 NE 23rd Ave
Property Details
Property Type
Quadruplex
Living Area
2,887 sqft
Year Built
1966
Lot Size
-
Stories
-
Annual Tax
$14,864.00
List Date
1/13/2025
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11723353
Brokerage
Compra Venta Miami
Postal Code
33062
Area
Broward
City
-
Additional Property Features
Occupancy
Vacant
List Price
$1,150,000.00
Unit Number
-
Construction
Block
Heating
Other
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Electric
Elevator
No
Locker
No
Swimming Pool
None
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 1231 23rd Ave
20.5%100%
30 Years
Estimated Monthly Payment
$4,632
Cash Flow Analysis
Mortgage Payment:
$4,632
Monthly Payment:
$5,870.67
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this beautiful quadruplex in the heart of Avalon Harbor. This well-appointed property offers 2,887 square feet of living space. Originally built in 1966. Offered at $1,150,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.