# 1020 N Riverside Drive, Pompano Beach, FL 33062

> **TL;DR:** 0bd/2ba multi-family, $5,750,000 ($540/sqft), built 1964, 10,642 sqft.
> View. Est. $24,917/mo. Listed 82 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,750,000 |
| Price/sqft | $540 |
| Bathrooms | 2 full |
| Square Feet | 10,642 |
| Year Built | 1964 |
| Stories | 2 |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 82 |

## Why This Home Stands Out

- **Views** - Ocean

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $24,917 |
| **Total** | **$24,917** |

## Key Amenities

- View

## Property Highlights

- Built in 1964
- 2 stories

## Description

### Agent Description
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!

## Location

- **Address:** 1020 N Riverside Drive, Pompano Beach, FL 33062
- **County:** Broward
- **Neighborhood:** POMPANO BY THE SEA
- **Coordinates:** 26.247253, -80.089274
- **Google Maps:** https://www.google.com/maps?q=26.247253,-80.089274

## Listing Agent

- **Name:** Sean Mooney
- **Brokerage:** Compass Florida LLC
- **Phone:** 5617897208
- **Email:** sean.mooney@compass.com

## Primary Photo

![1020 N Riverside Drive - Primary Photo](http://lh.rdcpix.com/86364e35d7f0d2b6f53540f6c69ae431l-f1117997188r.jpg)

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**MLS#:** RX-11155485 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1020-n-riverside-drive-pompano-beach-fl-33062-11155485)

---

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