116 S Riverside Dr | Pompano Beach, FL 33062
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116 S Riverside Dr
Pompano Beach, FL 33062
Riverside Beach Apartments · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Current Operator Generating Avg of $55,000 in Monthly Gross Income (Post COVID) - Willing to Stay on with New Ownership
- Irreplaceable Turn-Key Opportunity with Ability To Run As Either A Short Term Rental Or Tradition Rental
- Interior Capital Improvements Include Updated Kitchens, Bathrooms, and Flooring
- Rare Mid-Rise Apartment Building Opportunity Featuring (8) Studios and (16) 2 Bed 1 Bath Units - All Fully Furnished Units
- Exterior Capital Improvements Include Central A/C, Pool with Waterfall, Elevator, and Premium Tropical Landscaping
- Perfectly Situated One block off Atlantic Blvd in between the Ocean & Intracoastal, Easy access to A1A, Atlantic Blvd and US Federal Hwy 1
Property Facts
| No. Units | 24 | Lot Size | 0.54 AC |
| Property Type | Multifamily | Building Size | 18,800 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1970/2019 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Zoning | B-2 & (AOD) | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 18,800 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1970/2019 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | B-2 & (AOD) |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Storage Space
- Kitchen
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Wi-Fi
- Den
- Garden
Site Amenities
- Laundry Facilities
- Furnished Units Available
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 2+1 | 16 | - | - |
Property Taxes
| Parcel Number | 49-43-06-11-0060 | Improvements Assessment | $3,873,420 |
| Land Assessment | $473,110 | Total Assessment | $4,346,530 |
Property Taxes
Parcel Number
49-43-06-11-0060
Land Assessment
$473,110
Improvements Assessment
$3,873,420
Total Assessment
$4,346,530
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