Furnished Waterfront
For Sale
$4,100,000
605 S Riverside Dr Unit 1-5, Pompano Beach, FL 33062
Renovated hospitality property with five furnished guest suites, boating access, and established state and municipal approvals.
Property Size4,488 SF
Price / SF$913.55
Days on Market525
Property Features for 605 S Riverside Dr Unit 1-5
General Information
Standard status
Active
Size
4,488 SF
Property subtype
Multi-Family
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$33,376
Amenities
Central Air, Electric
3
Water Access. Waterfront.
10 Parking Spaces.
Ocean Access, Canal Access, Intercoastal, Security Lighting. City Road.
Building Details
Year Built
1963
Tenancy
Multi
Listing Agency:
One Sotheby's International Realty
(305) 951-0441
Listed By:
Tiara Saint · License #BK3212332
(305) 951-0441
Source:
Xome
Added: Mar 24, 2025
Changed: Aug 29
Last Checked: Aug 29 at 2:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 4,488-square-foot hotel property was built in 1963 and has been renovated for hospitality use. The offering includes five furnished guest suites, fixtures, furnishings, and operational infrastructure. Recent work includes impact-rated windows, updated HVAC systems, refreshed interiors, and improvements to the waterfront areas.
The property occupies a direct Intracoastal waterfront setting in Pompano Beach, with ocean and canal access, a flexible dock arrangement, security lighting, and 10 parking spaces. The dock may support expanded marine use and a future boat lift, subject to municipal approvals. Existing State of Florida and City of Pompano Beach hospitality approvals are in place. The property is also positioned near beaches, dining, marinas, Fort Lauderdale, and Boca Raton.
The property occupies a direct Intracoastal waterfront setting in Pompano Beach, with ocean and canal access, a flexible dock arrangement, security lighting, and 10 parking spaces. The dock may support expanded marine use and a future boat lift, subject to municipal approvals. Existing State of Florida and City of Pompano Beach hospitality approvals are in place. The property is also positioned near beaches, dining, marinas, Fort Lauderdale, and Boca Raton.
Key Highlights
- Direct Intracoastal waterfront property in Pompano Beach
- Five fully furnished guest suites within a renovated hospitality property
- 4,488 SF building constructed in 1963
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,742
Businesses Nearby
Explore this area
Business Placement
Demographics for 33062, FL
25,293
Population
23,059
Households
1.1
Avg Household Size
60
Median Age
48%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
6,485
Density / Sq Mi
$82,955
Median Household Income
$56,828
Median Earnings
$1,888
Median Rent
$511,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Renovated hospitality property with five furnished guest suites, boating access, and established state and municipal approvals.
Where is this hotel located?
The property is located at 605 S Riverside Dr Unit 1-5 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Direct Intracoastal waterfront property in Pompano Beach; Five fully furnished guest suites within a renovated hospitality property; 4,488 SF building constructed in 1963
