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518 North Riverside Drive

Pompano Beach FL 33062

4
4
4294 sq. ft.
11964 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Exceptional Development Opportunity in Pompano Beach. Just a few blocks from the pristine shores of Pompano Beach, this development site at 518-524 N Riverside Drive offers an unparalleled opportunity for visionary developers. Nestled in the vibrant heart of Pompano Beach, the site spans a generous .47 acres and is zoned RM-45, providing immense flexibility and potential for various development projects. With the ability to construct over 20 apartments or craft a collection of luxury townhomes, the site caters to those looking to tap into the area's flourishing real estate market. This unique parcel represents a rare blend of scale, location, and zoning potential, making it a highly attractive investment opportunity. In addition to its proximity to the beach, this property is also conveniently located near the Pompano Beach Pier and a variety of restaurants, offering the perfect blend of convenience and lifestyle appeal. Please note that properties 518 and 524 must be purchased together.

Features

4 bedrooms
4 bathrooms
4294 sq. ft. floor area
11964 sq. ft. lot size
Single-Family

Property history for 518 North Riverside Drive

2023
Sold
$1,800,000
10 May 2023 by Rafael Monterrey, of BALISTRERI REALTY INC

Happy sellers in Pompano Beach

86%
86% of sellers in Pompano Beach reported that their sale price either exceeded or met their price expectations.

Pompano Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Pompano Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in Pompano Beach

In the last 12 months, 26 four-bedroom single-family properties similar to 518 North Riverside Drive, have been sold.

This represents a 13% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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