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Five-Suite Waterfront Hotel
For Sale
Contact for pricing
Pending

605 S Riverside Dr # 5, Pompano Beach, FL 33062

Renovated boutique hospitality property with furnished accommodations, direct Intracoastal frontage, and approved Florida and municipal operations.

Property SizeContact for details
Days on Market141

Property Features for 605 S Riverside Dr # 5

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Furnished Yes
Business Included Yes
Multifamily Units 5
Listing Agency: ONE Sotheby's International Realty
Listed By: Tiara Saint · License #BK3212332
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:31PM

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 renovated boutique hotel includes five fully furnished guest suites arranged along the Intracoastal waterfront. The sale includes fixtures, furnishings, and operational infrastructure, along with impact-rated windows, updated HVAC systems, refreshed interiors, and upgraded waterfront improvements. Water views extend directly from the property, while the dock layout is adaptable for expanded marine use or a boat lift, subject to municipal approvals.

The property is located in Pompano Beach along a coastal corridor near boating, beaches, dining, and marinas. It is also positioned within minutes of Fort Lauderdale and Boca Raton. Hospitality operations carry approvals from the State of Florida and the City of Pompano Beach.

Key Highlights

  • Five fully furnished guest suites
  • Direct Intracoastal waterfront with unobstructed water views
  • State of Florida and City of Pompano Beach hospitality approvals

Property Analytics

Current Use

Today's Hottest Hits Film Production Aloha Condo Resort Vacation Rental Kanda Zen Vacation Rental

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,742
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Renovated boutique hospitality property with furnished accommodations, direct Intracoastal frontage, and approved Florida and municipal operations.
Where is this hotel located?
The property is located at 605 S Riverside Dr # 5 Pompano Beach, FL.
What are key features of this property?
This property features: Five fully furnished guest suites; Direct Intracoastal waterfront with unobstructed water views; State of Florida and City of Pompano Beach hospitality approvals
(305) 951-0441 Call to check price and availability
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