1231 NE 23rd Ave, Pompano Beach FL 33062, POMPANO BEACH, FL, 33062
Active578 days on marketListed Jan 13, 2025MLS #A11723353
About this home
1231 NE 23rd Ave, Pompano Beach FL 33062
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 & features
The home at a glance
2,887
Sqft
1966
Year built
$381
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$7,747 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$7,747/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Pompano Beach actives
$381 vs $319
Days on market
578 vs 76 typical
Where $381/sqft sits among the 400 Pompano Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Avalon Harbor
Get to know Pompano Beach. See the full Pompano Beach guide →
Avalon Harbor — neighborhood snapshot
Population
5,018
Median age
53
Median income
$73,448
Median home value
$519,058
Avg household
2
Households w/ children
514
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Pompano Beach market
$340K → $420K
Pompano Beach median sold, yr/yr
98.6%
Sale-to-list ratio (12 mo)
57 of 400
Pompano Beach actives have cut their price
Median sold price, Pompano Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 267% above the POMPANO BEACH 33062 median. See the full Pompano Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 1231 NE 23rd Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$1,100,000
2725 NE 1st St, Pompano Beach FL 33062
3 bd · 3.5 ba · 2,847 sqft · $386/sqft · 310 DOM
Sold · Apr ’26$850,000
620 NE 2nd St, Pompano Beach FL 33060
4 bd · 3 ba · 2,431 sqft · $350/sqft · 87 DOM
Sold · Jun ’26$5,295,000
305 Briny Avenue # 801, Pompano Beach FL 33062
3 bd · 3.5 ba · 3,354 sqft · $1,579/sqft · 326 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Darrick Cook
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1231 NE 23rd Ave — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1231 NE 23rd Ave — before you fall in love.
See it in person
Schedule a tour
Live availability from Darrick's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1231 NE 23rd Ave FAQs
What would the monthly payment be for 1231 NE 23rd Ave, Pompano Beach FL 33062?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,747/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1231 NE 23rd Ave, Pompano Beach FL 33062?+
The most recent tax bill on record (2024) was $14,864. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Pompano Beach?+
At $1,100,000, this home is listed about 214% above the Pompano Beach median of $350,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1231 NE 23rd Ave, Pompano Beach FL 33062?+
Pompano Beach Elementary School (elementary), Pompano Beach Middle School (middle), Blanche Ely High School (high) — Broward County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,100,000 runs 267% above the POMPANO BEACH 33062 median — but at 2,887 sqft it's also nearly 2 times the size of the typical Pompano Beach listing.
02Time on market is leverage
578 days on market against a Pompano Beach median of 76 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $1,200,000, now $1,100,000 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Compra Venta Miami · Victor Persia. MLS #A11723353.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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