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

$4,100,000 USD

Hotel For Sale  •  4,509 SF

Property Details

  • Property Type Hotel
  • Total Building Size 4,509 SF
  • Lot Size 0.22 AC
  • Building Class B
  • Year Built 1963
  • Zoning RM-20
33 Transit Score
65 Walk Score

Highlights

Direct Intracoastal Waterfront Location – Positioned in a supply-constrained coastal submarket surrounded by multi-million-dollar estates.
Licensed Boutique Hospitality Asset – Five-key transient lodging property with ADR-driven revenue and nearly a decade of operating history.
Stabilized 2025 NOI: $181,141 – Forward 2026 NOI projected at $205K–$220K based on current booking velocity.
Fully Furnished Turnkey Offering – Sale includes FF&E, systems, operational infrastructure, and established booking presence.
Recent Capital Improvements – Impact-rated windows, updated HVAC systems, renovated interiors, and enhanced waterfront amenities.
Waterfront Expansion Potential – Flexible dock configuration, potential boat lift installation or enhanced marine guest amenities *Subject to approval

Property Flyers

Amenities

  • Balcony
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Public Transportation

Commuter RailDriveWalkDistance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 12 min - 5.9 mi
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 14 min - 6.5 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 27 min - 17.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Tiara Saint 305-951-0441 ONE Sotheby's International Realty
Tiara Saint 305-951-0441 ONE Sotheby's International Realty