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1020 N Riverside Drive
Pompano Beach FL 33062 US

$5,799,000

Active Listing ID RX-11140438
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Lot: 0.58 Acres
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$5,799,000

Active Listing ID RX-11140438
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1020 N Riverside Drive 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.

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Property Features

  • Facts
  • Lot Size: 0.58 Acres
  • Property Type: Commercial Lease
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Electric, Other (Cooling)
  • Floor Covering: Tile, Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Central, Electric (Heating), Other (Heating)

Property

  • propertytype: Commercial Lease
  • propertysubtype: Other
  • listprice: 5799000
  • unparsedaddress: 1020 N Riverside Drive
  • postalcity: Pompano Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 33062
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.58
  • lotsizeunits: Acres
  • lotsizearea: 0.58
  • livingarea: 10642
  • livingareaunits: Square Feet
  • latitude: 26.247249
  • longitude: -80.089267
  • listagentfullname: Sean Mooney
  • listagentemail: sean@jamesandsean.com
  • listagentkey: 3yd-RMLSFL-20170801202014228359000000
  • listagentmlsid: 20170801202014228359000000
  • listagentpreferredphone: 5617897208
  • listagentofficephone: 5612854283
  • listofficekey: 3yd-RMLSFL-20200117182011615031000000
  • listofficemlsid: 20200117182011615031000000
  • disclaimer: Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSFL
  • yearbuilt: 1964
  • listingcontractdate: 2025-11-13
  • listagenturl: https://www.compass.com
  • countyorparish: Broward
  • parcelnumber: 484330010670
  • cooling: Central Air, Electric, Other (Cooling)
  • flooring: Tile, Vinyl
  • heating: Central, Electric (Heating), Other (Heating)
  • numberofunitstotal: 28
  • fireplaceyn: False
  • transactiontype: ForRent
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.089264, 26.24725
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Florida, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sean@jamesandsean.com", "ListBrokerageCity":"Boca Raton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"BrokerFL@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Florida, LLC", "ListBrokeragePhone":"(561) 286-5166", "ListBrokeragePostalCode":"33432", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 500", "ListBrokerageUnparsedAddress":"101 N Federal Hwy", "ListBrokerageWebsiteUrl":"https://www.compass.com", "ListOfficeAddress1":"101 N Federal Hwy, 5th Floor", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Boca Raton", "ListOfficeCountry":"US", "ListOfficeEmail":"brokerfl@compass.com", "ListOfficePostalCode":"33432", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Resident. Multi-Fam. - Pompano Beach, FL", "ListingURL":"https://listings.listhub.net/pages/RMLSFL/RX-11140438/?channel=rexren", "MLSModificationTimestamp":"2025-12-24T09:25:23Z", "Neighborhoods":[{"Description":null, "Name":"POMPANO BY THE SEA RESUB"}], "PostalCode":null, "RawPropertySubType":"Resident. Multi-Fam.", "RawPropertyType":"Commercial/Industry", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/24/2025 6:06:45 PM GMT
Source Updated Date: 12/24/2025 6:42:15 PM GMT

Courtesy of: Sean Mooney, Compass Florida LLC, sean@jamesandsean.com

Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.