USAFLPompano BeachPompano by the Sea Resub1020 N Riverside Dr
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1020 N Riverside Dr, Pompano Beach, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$5,799,000

020

MLS® R11155485

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 10642 sqft
Garage No
Taxes $58,197
Days Active 3
Lot Size 0.58 acres
Approx. Age 1964
Avg. Price Per Sqft $544
MLS® Number R11155485

Property Address: 1020 N Riverside Dr, Pompano Beach, FL, 33062-3922

Average square foot calculated using Size range provided by listing agent.

Description

RARE OPPORTUNITY TO ACQUIRE AN 8.0% CAP RATE PROPERTY! Incredible opportunity to acquire a 28-unit multifamily property located just steps from the beach in booming Pompano Beach. The property is approximately 70% leased and in the process of being fully stabilized, offering immediate upside for investors. At full occupancy, the asset is projected to gross $50, 000 per month in long term rental income and an additional $150, 000+ from vacation rentals, with an NOI approaching $500, 000 annually—making this a high-yielding cash-flow investment. Located less than 300 yards from Pompano's pristine public beaches! Views of both the intracoastal and the ocean!
MLS® NumberR11155485
Laundry Level
Central VacNo
FireplaceNo
Acreage0.58
Exterior
GarageNo
Approx. Age1964
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 17, 2026List Date
$5,799,000List Price
  • Commute

Commute

Starting Address
Destination Address
1020 N Riverside Dr, Pompano Beach, FL

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