605 S Riverside Dr - Apartments FOR SALE


Pompano Beach, FL 33062- Outer Pompano Beach/Deerfield Beach
$4,100,000 USD
305-951-0441
605 S Riverside Dr, Pompano Beach, FL for Sale
$4,100,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

605 S Riverside Dr
Pompano Beach, FL 33062
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • Located on the Direct Intra-coastal near Atlantic Avenue
  • Walking distance to Beach, Shopping and Entertainment
  • 5-Star Rated Vacation Rental for 9+ years.
  • Turn-Key, Meticulous and Beautiful property
  • Great Clientele.

OVERVIEW

Introducing Kanda Zen – A Turnkey Waterfront Vacation Rental Opportunity ONE Sotheby’s International Realty is proud to exclusively present Kanda Zen, a rare and exceptional opportunity to acquire a fully renovated, boutique five-unit apartment building designed specifically for luxury short-term and vacation rentals. Perfectly positioned on the Intracoastal Waterway in highly desirable Pompano Beach, Florida, this income-producing property offers both tranquility and proximity to vibrant local attractions. Surrounded by multi-million-dollar waterfront estates, Kanda Zen has been meticulously updated and thoughtfully appointed to provide guests with a serene, stylish, and secure retreat. Each unit is beautifully furnished, creating a seamless guest experience that blends comfort and elegance. The property boasts an outstanding reputation with consistent 5-star ratings across booking platforms and Superhost status on both Airbnb and VRBO, reflecting its commitment to quality and guest satisfaction. The current owner has also cultivated a loyal client base with many guests returning year after year, offering built-in repeat business and long-term income stability. The outdoor amenities elevate the guest experience even further. A private waterfront entertaining area offers expansive seating, a resort-style pool and hot tub, and multiple barbecue stations—all framed by panoramic views of the Intracoastal. Guests can relax as yachts and boats cruise by, enjoying coastal breezes and Florida sunsets. The beach is just a short stroll away, making this a prime location for travelers seeking both waterfront and seaside living. Ideally located, Kanda Zen is within walking distance to the vibrant Pompano Fishing Village, a 6-acre beachfront destination adjacent to the iconic Fisher Family Pier. This walkable district features top-rated dining such as The Beach House, Oceanic, and Lucky Fish Beach Bar & Grill. Additional conveniences like Publix, boutique shopping, and local entertainment venues are all easily accessible. For golf enthusiasts, world-class courses are just minutes away. Pompano Beach is recognized as one of the top-performing vacation rental markets in the U.S., with significant city investments and redevelopment efforts attracting luxury projects such as the Waldorf Astoria Residences and Casamar Pompano Beach, being developed by The Related Group. The city has also made substantial improvements to public spaces, parks, and beach amenities, enhancing the lifestyle appeal for both residents and visitors. Strategically located just 25 minutes from Fort Lauderdale-Hollywood International Airport and with easy access to Interstate-95 and Florida’s Turnpike, Kanda Zen offers unmatched convenience, luxury, and investment potential.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$914 USD /SF

# OF UNITS

5

PRICE/UNIT

$820,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

RM-20

APN/PARCEL ID

49-43-06-11-0700

ASK ABOUT THIS PROPERTY

Tiara SaintONE Sotheby's International RealtyMore Info
305-951-0441

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Tiara SaintONE Sotheby's International RealtyMore Info
305-951-0441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.