605 S Riverside Dr 5 Unit Apartment Building $5,668,250 CAD ($1,133,650 CAD/Unit) 5% Cap Rate Pompano Beach, FL 33062

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.