1000 Riverside Drive, Pompano Beach, FL 33062
  • MLS#: R11106179 ( Residential Income )
  • Street Address: 1000 Riverside Drive
  • Viewed: 7
  • Price: $5,990,000
  • Price sqft: $484
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 12368
  • Total Baths: 16
  • Days On Market: 201
  • Additional Information
  • Geolocation: 26 / -80
  • County: Broward
  • City: Pompano Beach
  • Zipcode: 33062
  • Subdivision: Pompano By The Sea
  • Provided by: Compass Florida LLC
  • DMCA Notice
  • Description
    100% LEASED! Discover the epitome of modern living in these stunning 4 unit townhomes, perfectly situated just one block from the renowned Pompano Beach. Completed at the end of 2022, these contemporary residences offer a seamless blend of comfort, elegance, and convenience, designed for the discerning buyer. Each townhome features 5 spacious bedrooms and 4 designer bathrooms, thoughtfully designed with high end finishes and luxury touches throughout. Sunlit interiors create an inviting ambiance, while expansive windows showcase captivating views of the surrounding area. The crown jewel of each unit is the private rooftop patio, where you'll find breathtaking views of both the intracoastal and the Atlantic ocean. These rooftop retreats are equipped with luxurious jacuzzis, offering an ideal space for relaxation and entertaining. For added indulgence, two of the corner units include private heated pools, enhancing the already lavish lifestyle these properties provide. Located in a highly sought after neighborhood, these townhomes are just a 3 4 minute walk from the beach, with convenient access to premier dining, shopping, and recreational activities. Don't miss your chance to own a piece of paradise in the heart of Pompano Beach. All four townhomes are occupied and on two year leases and not expiring until Q3 of 2027! This is the perfect cash cow for any investor looking to passively manage a trophy asset or a buyer looking to close a 1031 out! Monthly gross income is $35k with built in annual rent increases.
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Features
Possible Terms
  1. Cash
  2. Conventional
Association Amenities
  1. None
Baths Total
  1. 16
Close Date
  1. 0000-00-00
Cooling
  1. Ceiling Fan(s)
  2. Central Air
  3. Electric
Exterior Features
  1. Balcony
Fencing
  1. Fenced
Flooring
  1. Tile
Heating
  1. Central
  2. Electric
Legal Description
  1. POMPANO BY THE SEA RESUB 1-22 B A POR OF LOTS 20 & A BLK 8 DESC AS: BEG SE COR OF SAID LOT 20 BLK 8
  2. N 50.67
  3. W 79.94
  4. S
Lot Features
  1. Room for Pool
New Construction Yes / No
  1. Yes
Parcel Number
  1. 484330010833
Pool Features
  1. In Ground
Property Type
  1. Residential Income
Road Frontage Type
  1. East of US-1
Roof
  1. Tar/Gravel
  2. Other
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Water
Utilities
  1. Sewer Available
  2. Water Available
Virtual Tour Url
  1. https://www.propertypanorama.com/1000-N-Riverside-Drive-Pompano-Beach-FL-33062/unbranded
Water Source
  1. Public
Year Built
  1. 2022
Zoning Code
  1. RM20
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  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
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