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$5,799,000
20 Days On Site
1020 N Riverside DrivePompano Beach, FL 33062
For Sale|Quadruplex|Active
0
Beds
2
Total Baths
10,642
SqFt
$545
/SqFt
1964
Built
Subdivision:
POMPANO BY THE SEA
County:
Broward
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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!
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Listing Snapshot
Price
$5,799,000
Days On Site
20 Days
Bedrooms
N/A
Inside Area (SqFt)
10,642 sqft
Total Baths
2
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.58 Acres
Year Built
1964
MLS® Number
R11155485
Status
Active
Property Tax
$58,197.1
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 3 weeks ago | Status changed to Active | |
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
0.58
Levels
Two
Property Sub Type
Quadruplex
Sewer
Public Sewer
SqFt Total
16086
Utilities
Sewer AvailableWater Available
Water Source
Public
Zoning
RM-20
Interior Features
Cooling
Central AirCeiling Fan(s)Electric
Flooring
TileVinyl
Heating
CentralElectric
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Exterior Features
Construction Details
Block
Exterior
Balcony
Fencing
Fenced
Patio And Porch
CoveredDeckPorch
Pool Features
In GroundAssociationPrivate
Private Pool
Yes
Roof
Composition
View
WaterOcean
Waterview
WaterOcean
Community Features
Association Amenities
Pool
Financing Terms Available
CashConventionalOwner Will Carry
MLS Area
3113
Listing courtesy of Compass Florida LLC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-02-06 10:00 PM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-02-06 10:00 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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1200 East Las Olas Blvd
Fort Lauderdale, FL 33301
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