• listing
  • 5-Unit Vacation Rental
605 S. Riverside Drive Pompano Beach, FL 33062
  • 5-Unit Vacation Rental
  • $4,800,000 ($960,000/Unit)
  • 6.23% Cap Rate

5-Unit Vacation Rental

  • 4,488 Gross Leasable Area
  • 1963 Construction
  • 5 Units
  • 2 Buildings

ONE Commercial Real Estate is pleased to present this unique opportunity to acquire Kanda Zen, a beautiful boutique, five-unit apartment building solely dedicated to short-term and vacation rental stays on the intracoastal waterway in Pompano Beach, Florida. Surrounded by multi-million-dollar homes, Kanda Zen is beautifully renovated, appointed and equipped for a comfortable, relaxing, and secure visit. The property has a beautiful entertaining area which faces the intracoastal. There is plenty of outdoor seating, a relaxing pool and hot tub, and is equipped with several barbecue grills to accommodate all guests.


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Tiara
Saint
Vice President & Managing Broker

Property Info

  • Address
    605 S. Riverside Drive, Pompano Beach, FL 33062
  • Lot
    0.22 Acres
  • Parking
    5 Tandem (10 Total)
  • Zoning
    RM-20

Property Highlights

  • Solely dedicated to short-term and vacation rental stays on the intracoastal waterway in Pompano Beach
  • Centrally located and a pleasant walk from the popular Pompano Fishing Village
  • World-renowned golf courses are less than ten minutes from the property
  • Opportunity to add value by increasing the rental rates to accommodate for the current climate in market conditions
  • 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

Location

605 S. Riverside Drive,
Pompano Beach, FL 33062

Contact

contact Tiara
305.951.0441
3250 Mary Street, Suite 520
Coconut Grove, FL 33133

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