About 1000 N Riverside Drive
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.
Features of 1000 N Riverside Drive
| MLS® # | RX-11106179 |
|---|---|
| Price | $5,995,000 |
| Bedrooms | 20 |
| Bathrooms | 16.00 |
| Full Baths | 16 |
| Square Footage | 12,368 |
| Acres | 0.00 |
| Year Built | 2022 |
| Type | Multi-Family |
| Sub-Type | Quad Plex |
| Style | No |
| Status | Active |
Community Information
| Address | 1000 N Riverside Drive |
|---|---|
| Area | 3113 |
| Subdivision | POMPANO BY THE SEA |
| City | Pompano Beach |
| County | Broward |
| State | FL |
| Zip Code | 33062 |
| HOPA | No Hopa |
Amenities
| Utilities | Public Sewer, Public Water |
|---|---|
| # of Garages | 4 |
| View | Intracoastal, Ocean |
| Is Waterfront | Yes |
| Waterfront | Intracoastal Front, Ocean Front |
| Has Pool | Yes |
| Pool | Inground |
| Subdivision | None |
Interior
| Heating | Central, Electric |
|---|---|
| Cooling | Ceiling Fan, Electric, Central |
| # of Stories | 3 |
Exterior
| Exterior Features | Auto Sprinkler, Covered Balcony, Fence, Open Patio, Room for Pool |
|---|---|
| Lot Description | < 1/4 Acre, East of US-1 |
| Roof | Tar/Gravel, Other |
| Construction | CBS |
Additional Information
| Zoning | RM20 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass Florida LLC |
|---|