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    555 N Riverside Dr, Unit 4 Pompano Beach, FL 33062

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    For Sale
    $235,000

    Renovated condo near the beach, ideal for short-term rentals.

    Lot size:
    0.01 Acres

    Property Features for 555 N Riverside Dr

    General Information

    Lot size
    0.01 Acres

    Building Details

    Year built
    1963

    Source: LIFESTYLE INTERNATIONAL REALTY Agent Cristen Navarro

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Waterfront Investment Condo

    This fully renovated waterfront condo is suitable for short-term rentals. The building manages rentals, offering potential daily or seasonal income. It can serve as a personal retreat and generate income when not in use. Recent upgrades include a new AC unit and queen mattress. The building has completed recertification, and the pool has been upgraded. Assessments are paid in full. Located a 5-minute walk from the beach, the property is surrounded by dining options. The location is convenient to a nearby water taxi and multiple golf courses.
    Location Intelligence

    Current Use by Public Records

    Aqua-Mar Condominium Apartments Condominium Complex

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.0912233
    Latitude
    26.2413067

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    FAQs

    What type of property is this?
    Short term rental property - Renovated condo near the beach, ideal for short-term rentals.
    Where is this short term rental property located?
    The property is located at 555 N Riverside Dr, Unit 4 Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - Approved for Airbnb with building handling rentals for passive income; - Fully renovated and turnkey, ready for immediate use or rental; - Waterfront location, 5-minute walk to the beach
    (954) 240-8385
    Request Owner's contact information
    555 N Riverside Dr, Unit 4 Pompano Beach, FL 33062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    555 N Riverside Dr, Unit 4 Pompano Beach, FL 33062
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