1020 N Riverside Dr

Pompano Beach, FL 33062

$5,995,000
Price
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Beds
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Listed By Compass
Listed By Compass
a view of a patio with chairs and potted plants
a view of an outdoor space
a view of city and ocean
a view of a city
an aerial view of a house
a view of a house with pool and chairs
a view of a lake with a big yard
a view of a lake with a big yard
a view of a swimming pool and lounge chairs in back yard of the house
a view of city with tall buildings
a view of a house with pool and sitting area
a view of a livingroom with wooden floor
a view of a livingroom with a computer on the floor and wooden floor
a bedroom with a bed and large windows
a bathroom with a shower a toilet and sink
a bedroom with a bed and a flat screen tv
a bathroom with a sink a toilet and shower
a bedroom with a bed and large windows
a bathroom with a toilet a sink and shower
a bedroom with two beds and wooden floor
a white toilet sitting next to a bathroom sink
a bedroom with a bed and wooden floor
a bedroom with a bed and a couch
a living room with furniture
a bedroom with a bed and lamp
a room with a dresser and a window
a view of a balcony
a view of a porch

Description

Incredible opportunity to acquire a 28-unit multifamily property located just steps from the beach in booming Pompano Beach. The property is approximately 75% leased and in the process of being fully stabilized, offering immediate upside for investors. At full occupancy, the asset is projected to gross $50,000 per month in rental income (long term rents), with an NOI approaching $425,000 annually making this a high-yielding cash-flow investment. Located less than 300 yards from Pompano's pristine...Incredible opportunity to acquire a 28-unit multifamily property located just steps from the beach in booming Pompano Beach. The property is approximately 75% leased and in the process of being fully stabilized, offering immediate upside for investors. At full occupancy, the asset is projected to gross $50,000 per month in rental income (long term rents), with an NOI approaching $425,000 annually making this a high-yielding cash-flow investment. Located less than 300 yards from Pompano's pristine public beaches! Views of both the intracoastal and the ocean! Ideally positioned east of the intracoastal and one block from the Intracoastal, the property is walkable to the beach, Pompano Pier, and the newly revitalized Fishing Village.

Property Details for 1020 North Riverside Drive

Subdivision
POMPANO BY THE SEA RESUB
Waterfront Details
Intracoastal Front
LISTING UPDATED: 11/13/2025 11:32 PM

Property Details for 1020 North Riverside Drive

StatusActive
MLS #RX-11140438
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industry / MultiFamily (5+ Units)
Year Built1964
Lot Size-
CountyBroward County

Location

Listing Courtesy of: .

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Building Information for 1020 North Riverside Drive

Stories-Residences-Year Built1964Building Size-Lot Size-

Payment Calculator

$34,455 per month

30 year fixed, 6.28% Interest

Principal and Interest

$29,623

Property Taxes

$4,832

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1020 North Riverside Drive

Summary
Location and General Information
  • Directions: SOUTH ON A1A FROM NE 14TH STREET. TURN RIGHT ONTO NE 11TH STREET. PROPERTY ON LEFT.
  • Geo Area: North Broward Ocean To Intracoastal (3111-3121)
  • Street Number: 1020
  • Subdivision Complex Bldg: POMPANO BY THE SEA RESUB
  • Municipal Code: Pompano Beach
  • State: FL
  • City Postal ID: 33062
  • MLS Area: 3113
  • MLS Sub Area: NBEA
Taxes and HOA Information
  • Tax Year: 2024
Property
Lot Information
  • Area: 3113
  • Parcel ID: 484330010670
  • Property Group ID: 19990816212135227274000000
  • Square Ft Source: Tax Rolls
  • Zoning: RM-20
Property and Assessments
  • Acres: 0.58
  • For Sale: Yes
  • Legal Desc: POMPANO BY THE SEA RESUB 1-22 B LOTS 21 & 22 TOG/W LOT ''B'', BLK 8
  • Legal Description: POMPANO BY THE SEA RESUB 1-22 B LOTS 21 & 22 TOG/W LOT ''B'', BLK 8
Utilities
  • Utilities: Public Sewer, Public Water
Interior and Exterior Features
Interior Features
  • Roof: Comp Shingle
  • Cooling: Central Building, Electric, Other
  • Flooring: Tile, Vinyl Floor
  • Heating: Central, Electric, Other
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Tenant Pays: Cable, Electric

Property History for 1020 North Riverside Drive

DateEvent & SourcePriceAppreciation
Nov 13, 2025

Listed (Active)

RAPB #RX-11140438

$5,995,000—
DateEvent & SourcePrice
11/13/2025

Listed (Active)

RAPB #RX-11140438

$5,995,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1020 North Riverside Drive

Taxable ValueLand$1,628,120Additions$919,630Total$2,547,750
Tax Record2024$57,978 ($4,832 / month)
Home Facts
Total Finished SqFt5,308 SqFtAbove Grade Finished SqFt5,308 SqFtStories2Lot Size25,048 SqFtStyleHotel / MotelYear Built1964Year Renovated1980ZoningRM-20CountyBROWARDAPN48-43-30-01-0670

Schools near 1020 North Riverside Drive

This home is within Broward.
Rating
School
Type
Grades
Distance
Pompano Beach Elementary School
Public - PK to 5
Pompano Beach Middle School
Public - 6 to 8
Blanche Ely High School
Public - 9 to 12
Pompano Beach High School
Public - 9 to 12
Rating
School
Distance
Pompano Beach Elementary School
PublicPK to 5

Pompano Beach Middle School
Public6 to 8

Blanche Ely High School
Public9 to 12

Pompano Beach High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1020 North Riverside Drive, Pompano Beach, FL 33062

1020 North Riverside Drive is a multi-family home for sale in Pompano Beach, FL 33062. This property was listed for sale on November 13, 2025 by Compass, it's currently listed at $5,995,000. This listing's school district is Broward. Nearby schools include Pompano Beach Elementary School, Pompano Beach Middle School and Blanche Ely High School. 1020 North Riverside Drive is a 0-bed, 0-bath, multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.