Near you
Finding buildings near you…
Counties
Multifamily in Pompano Beach, FL 33062Pompano By The Sea, 1020 N Riverside Dr
Share
OFF MARKET
Beds
10,642
SqFt$540
$/SqFtUltra Luxury Multifamily
Built in 1964
Intercoastal,Ocean View
Balcony
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 Number: R11155485
On Site: 246 Days
Updated: 178 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony, OutdoorLivingArea
- View: Intercoastal,Ocean
Interior, Heating and Cooling
- Heating Description: Central, Electric, Individual
- Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
- Floor Description: Tile,Vinyl
- Year Built: 1964
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Pompano Beach
- Middle School: Pompano Beach
- Senior High School: Blanche Ely
Other Property Info
- Listing Date: 2026-01-17T19:00:00.000-00:00
Taxes, Fees & More
- Taxes: 58197.1
- Total Units in Building: 4
Apples-to-Apples Comparables
Price History
Current
$5.8M
High
$5.8M
Low
$5.8M
Total Change
-0.8%Date
Event
Price
Change
Price Per
02/27/2026
Price Reduced
$5.8M
-0.84%$540 ft2
$5,816 m2
01/29/2026
Listed
$5.8M
$545 ft2
$5,865 m2
02/27/2026
$5.8M
Event
Price Reduced
Change
-0.84%Price Per
$540 ft2
$5,816 m2
01/29/2026
$5.8M
Event
Listed
Price Per
$545 ft2
$5,865 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Sean Mooney • Compass Florida LLC • Buyer Agency Compensation .
Listing Location & Street View
Peer Listings
Active listings from matched communities
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear
when matching listings appear
Scores
37
100
28
100
56
100
73
100
1
100
39
100
0
100
Community Snapshot
1 – 3 BR
Bedrooms
$200K – $3.4M
Price Tier
740 - 10,720
SqFt Range
2016
Year Build
6
Total Floors
Subdivision Amenities
Barbecue
Bike Storage
Clubhouse
Community Kitchen
Elevators
Fitness Center
Maintenance Grounds
Management
None
Parking
Pool
Restaurant
Sauna
Trash
Pompano Beach Ultra Luxury Ultra Luxury Homes & Condos
Pompano By The Sea Communities in Pompano Beach, FL
Ultra Luxury
Ultra Luxury 1
High-End
High-End 1
Mid-Tier
Mid-Tier 1
Entry-Level
Entry-Level 3
Inactive Segment
Inactive Segment 3
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Copyright © 2026 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.