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).
$5,995,000

000

MLS® R11140438

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $57,978
Days Active 23
Approx. Age 1964
MLS® Number R11140438

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

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

Description

Incredible opportunity to acquire a 28-unit multifamily property located just steps from the beach in booming Pompano Beach. The property is approximately 75% 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 rental income (long term rents), with an NOI approaching $425, 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! Ideally positioned east of the intracoastal and one block from the Intracoastal, the property is walkable to the beach, Pompano Pier, and the newly revitalized Fishing Village.
MLS® NumberR11140438
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 13, 2025List Date
$5,995,000List Price
  • Commute

Commute

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

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