$1,150,000
$50K PRICE DROP

Estimated payment $7,658/month

Total Views 1,905
-- Bed
-- Bath
2,887 Sq Ft
$398 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling Available
  • Heating Available

About This Home

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!

Listing Agent

Victor Persia

Compra Venta Miami License #3194931

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,864

Year Built

  • Built in 1966

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,887 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Florence Villas Condos
  • Florence Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484330200170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,864

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Directions: waze google maps maps
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: FLORENCE VILLAS
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 2887
  • Stories: 1

Exterior Features

  • Roof: Metal Roof, Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLORENCE VILLAS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Other
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484330200170
  • Zoning: RM-20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14864

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,865 $691,130 -- --
2024 $13,224 $691,130 $70,790 $500,400
2023 $13,224 $571,190 $70,790 $500,400
2022 $11,940 $531,410 $70,790 $460,620
2021 $11,609 $519,350 $70,790 $448,560
2020 $11,430 $519,350 $70,790 $448,560
2019 $9,410 $431,340 $70,790 $360,550
2018 $8,345 $372,260 $70,790 $301,470
2017 $6,420 $272,750 $0 $0
2016 $5,792 $247,960 $0 $0
2015 $5,351 $225,420 $0 $0
2014 $4,923 $204,930 $0 $0
2013 -- $202,310 $70,790 $131,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Price Changed $1,150,000 -4.2% $398 / Sq Ft
01/13/2025 01/13/25 For Sale $1,200,000 0.0% $416 / Sq Ft
01/29/2018 01/29/18 Rented $1,050 -4.1% --
01/26/2018 01/26/18 Under Contract -- -- --
01/12/2018 01/12/18 For Rent $1,095 0.0% --
12/28/2017 12/28/17 Off Market $1,095 -- --
12/15/2017 12/15/17 For Rent $1,095 0.0% --
06/29/2017 06/29/17 Sold $485,000 -10.2% $176 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $539,900 -- $196 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $580,000 Attorney
Warranty Deed $485,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $400,000 Cooperative Title & Escrow I
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11723353

MIAMI REALTORS® MLS

APN: 48-43-30-20-0170