605 S. Riverside Drive, Pompano Beach, FL 33062

605 S. Riverside Drive, Pompano Beach, FL 33062

5-Unit Vacation Rental For Sale

AVAILABILITY
For Sale

SALE PRICE
$4,800,000

GLA
4,488 SF

LOT
9,535 SF

UNITS
(5) Multi-family Units Total:
(2) 1 Bed / 1 Bath
(2) 2 Bed / 1 Bath
(1) Studio

NUMBER OF BUILDINGS
2

PROFORMA CAP RATE
6.24%

HIGHLIGHTS
5-Unit short-term and vacation rental building plus business for sale

Plenty of outdoor seating, a relaxing pool and hot tub, and is equipped with several barbecue grills to accommodate all guests

The beach is just a short walk away

Pleasant walk from the popular Pompano Fishing Village, a six-acre site that sits next to the new Fisher Family Pier which features beach-front restaurants including the Beach House and the Oceanic, as well as the Lucky Fish Beach Bar & Grill

World-renowned golf courses are less than ten minutes from the property

Pompano Beach is known as one of the top vacation rental locations in the country and has gone through significant growth over the last several years attracting institutional developers such as the Ritz Carlton and the Related Group

25 minutes from the Ft. Lauderdale-Hollywood International Airport, and is easily accessible from Interstate-95 and Florida’s Turnpike.

CONTACT
Tiara Saint
305.951.0441
TSaint@ONECommercialRE.com

*PLEASE DO NOT CONTACT TENANTS OR VISIT THE BUILDING WITHOUT FIRST CONTACTING US. THANK YOU.

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