999 S Riverside Dr | Pompano Beach, FL 33062
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999 S Riverside Dr
Pompano Beach, FL 33062
Multifamily Property For Sale
·
19 Units
Investment Highlights
- Great Location - 150 feet direct frontage on Intracoastal Waterway
- Ability to increase income day one. Month to month leases in place
- High demand and zoning allows for short term rentals - .3 miles from new Ritz Carlton resort
- Over 60k annual income from 1 BR short term rental
- Potential development site - Across the street on dry lot townhome construction selling for $2 million +
Property Facts
| No. Units | 19 | Building Size | 11,686 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.63/1,000 SF |
| Lot Size | 0.53 AC | ||
| Zoning | RM20, Pompano Beach - Medium Density Residential District | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 11,686 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | RM20, Pompano Beach - Medium Density Residential District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 400 - 500 |
| 1+1 | 13 | - | 550 - 750 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,613,110 | |
| Land Assessment | $1,366,260 | Total Assessment | $5,979,370 |
Property Taxes
Parcel Numbers
Land Assessment
$1,366,260
Improvements Assessment
$4,613,110
Total Assessment
$5,979,370
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