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1020 Riverside Drive

Pompano Beach, FL 33062
Square Ft.
10,642
Active
Commercial
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$5,995,000
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… Read MoreRead Less
Courtesy of Sean Mooney, Compass Florida LLC 561-285-4283
Listing Snapshot
Days Online
4
Last Updated
Property Type
MultiFamily (5+ Units)
Square Ft.
10,642
Year Built
1964
MLS Number
RX-11140438
30 Days Snapshot Of 33062
$844k
+4%
(avg) sold price
11
-8%
homes sold
136
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Cooling
Other, Central Building, Electric
Building
10,642 total building square feet, Built in 1964, 2 stories, 28 units in build, Square footage source: SimpleTemplate, 23 total units for unit 1, 5 total units for unit 2, Smoke Detector, Sprinkler, Resident. Multi-Fam., Furnished, Furnished
Floors
Tile, Vinyl Floor
Heating
Central, Electric, Other
Lot
0 acres
Miscellaneous
Unit 1 description: Efficiency, Unit 2 description: 1 Bedroom, Cable, Electric, Cash, Conventional
Property
Property type: E, Zoning: RM-20, Intracoastal
Roof
Comp Shingle
Taxes
Real estate taxes: $57,978, Year: 2024
Utilities
Public Sewer, Public Water
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Schools In The Area

Check out nearby schools with ratings and contact info.
Pompano Beach Elementary School 754-322-8050 Public PK-5
Pompano Beach Middle School 754-322-4200 Public 6-8
Blanche Ely High School 754-322-0950 Public 9-12
Pompano Beach Elementary School 754-322-8050 Public PK-5
Pompano Beach Elementary School 754-322-8050 Public PK-5
Pompano Beach Middle School 754-322-4200 Public 6-8
Blanche Ely High School 754-322-0950 Public 9-12

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