116 South Riverside Drive

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Property Snapshot

116 South Riverside Drive
Pompano Beach, FL 33062
Purchase Price
Number of Units
Projected IRR

Originally built in 1970, the property is located just steps from the Ocean and the Intracoastal, and a short walk to the Pompano Beach Pier which hosts multiple restaurant/bar venues as well as shopping, galleries, and sportfishing.

The subject property has a total of 24 units with a mix of 8 studios, and 16 Two Bed + 1 Bath units, all fully furnished with kitchens. It also has 30 parking spaces along with central A/C, pool with waterfall, elevator, and premium tropical landscaping. All the 24 units function as vacation/short-term rentals and are marketed on over 100 online travel sites.

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