524 N Riverside Dr Active Save Request In-Person Tour Request Virtual Tour
Pompano Beach,FL 33062
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,578 sqft
Price per Sqft $950
Subdivision North Beach Co Inc Proper
MLS Listing ID A11622654
Style Detached,One Story
Bedrooms 3
Full Baths 2
Year Built 1954
Annual Tax Amount $15,146
Tax Year 2023
Lot Size 8,214 Sqft
Property Description
Prime Development Opportunity Two Blocks from the Ocean! This one-story home, situated on an 8,214 sq/ft lot, is being sold with the adjacent home, which sits on an 11,964 sq/ft lot, totaling .47 acres of prime real estate. Zoned RM-45, this property offers the perfect canvas for a developer to build condos or townhomes. With Pompano Beach emerging as a hotspot for developers, this presents an ideal investment opportunity. Whether it's developing and selling to end-users or renovating the existing homes for personal or Airbnb use, the potential is limitless. Sold AS IS, this offering is a rare find in a sought-after location. The price on here is just for the one home. Total asking for both lots/homes is $3,900,000.
Location
State FL
County Broward
Community North Beach Co Inc Proper
Area 3113
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Ceramic Tile,Vinyl
Exterior
Exterior Feature None
Pool None
Waterfront No
View Garden
Roof Type Metal
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional