Multifamily in 605 S Riverside Dr 1-5 Pompano Beach for sale with MLS# A11803036

Direct Intracoastal waterfront property in Pompano Beach featuring five fully furnished guest suites positioned along a highly desirable coastal corridor surrounded by multi-million-dollar estates. This renovated boutique property offers unobstructed water views and immediate access to boating, beaches, dining, and marinas. The property operates with established State of Florida and City of Pompano Beach hospitality approvals and is being offered fully furnished, including fixtures, furnishings, and operational infrastructure. Recent improvements include impact-rated windows, updated HVAC systems, renovated interiors, and enhanced waterfront features. The flexible dock configuration allows for expanded marine use and potential boat lift installation, subject to municipal approvals. Located minutes from Fort Lauderdale and Boca Raton, this is a rare opportunity to acquire a direct waterfront asset in a supply-constrained Intracoastal setting. Additional details available upon request.

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Days on the market

605 S Riverside Dr 1-5, Pompano Beach, FL 33062

Price
Price:
$4,100,000.00
Original List Price:
$4,100,000.00
Business Info
Financial Data Source:
Owner
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multifamily
MLS Number:
A11803036
Description of Last Important Update:
New Listing
Last Major Update on:
May 15, 2025 1:16 pm
Measures
Built-Up Area:
4,488 Sqft
Lot Area:
9,535 Sqft
Lot Size Unit:
Square Feet
Lot Size Acres:
0.22
Property Features
Waterfront:
Yes
Waterfront Features:
Ocean Access, Intracoastal Access, Canal Access, No Fixed Bridges
Security:
Smoke Detector(s), Security Gate, Motion Detectors, Security Lights, Fenced
Windows:
Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Electric
Boat Dock Slip:
Common Dock
Storm Protection:
Impact Glass
Construction
Year Built:
1963
Year Built Details:
Unknown
Roof:
Barrel
Number of Buildings:
1
Number of Units Total:
5
Levels:
Two
Construction Materials:
Block
Flooring:
Tile
Structure Type:
Multifamily
Stories:
2
Road Frontage Type:
City Street
Taxes and Expenses
Tax Annual Amount:
$33,376.00
Parking
Parking Total Spaces:
10
Covered Spaces:
0
Parking Features:
Free Parking
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Building Name:
605 S Riverside Drive
Senior Community:
No
Terms
Documents Available:
Aerial, Deed, Financials, Rent Rolls, Inventory
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow, Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
POMPANO BEACH PARK 21-20 B LOT 27 BLK 5
Real Estate Folio Number (Parcel Number):
494306110700
Zoning Description:
RM-20
Title to the property is held by owner as:
Limited Partnership
Listing History
Originally published on:
May 15, 2025 1:16 pm
Active on the market since:
May 15, 2025
Price change occurred on:
May 14, 2025 12:22 pm
Listing Status Last Changed On:
May 15, 2025 1:16 pm
Photos updated on:
May 15, 2025 5:37 pm
Last Modified:
March 4, 2026 9:59 pm
Additional Information
Flood Zone:
AE
Florida Property Assessed Clean Energy (PACE) Program:
0
Subdivision Number:
11
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Riverside Dr
Street Number:
605
Unit Number:
1-5
City:
Pompano Beach
State:
Florida
Zip Code:
33062
County:
Broward
Latitude:
N26° 13' 54.6''
Longitude:
W81° 54' 25.3''
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,955
Median Home Value $511,800
Median Rent $1,888/mo
Median Age 60
Population 25,495

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.