518 & 524 Riverside Dr ,Residential, Unimproved Multi Family (5+units) for Sale

518 & 524 Riverside Dr for Sale

Price $3,900,000.00

• Lot size 20178
• Year Build
• Waterfront
• Zip 33062
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Exceptional Development Opportunity in Pompano Beach. Nestled in the vibrant heart of Pompano Beach, the development site located at 518-524 N Riverside Drive presents an unparalleled opportunity for visionary developers. Spanning a generous .47 acres, this prime parcel of land is zoned RM-45, offering 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.

Call Rich DeGirolamo 215-680-2266 For questions

NORTH BEACH CO INC PROPERTIES 33-36 B LOT 6,7 W1/2 PLOT 1

Beach Area, Less Than 1 Acre

Exceptional Development Opportunity in Pompano Beach. Nestled in the vibrant heart of Pompano Beach, the development site located at 518-524 N Riverside Drive presents an unparalleled opportunity for visionary developers. Spanning a generous .47 acres, this prime parcel of land is zoned RM-45, offering 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.

City:Pompano Beach,Zoning:RM-45,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:26.240317,List Price:3900000,Listing Id:A11573640,Longitude:-80.090834,Mls Status:Active,Utilities:1:Electricity Connected,2:Sewer Connected,3:Water Connected,4:Cable Available,5:Electricity Available,6:Sewer Available,7:Trash Removal,8:Water Available,Postal Code:33062,Street Name:Riverside Dr,Coordinates:1:26.240317,Lot Features:1:Less Than 1 Acre,Photos Count:6,Days On Market:30,Lot Size Acres:0.474,Lot Size Units:Square Feet,M I A M I R E_ Area:3113,On Market Date:2024-04-25,Parcel Number:484331260070,Property Type:Commercial Land,Street Number:518 & 524,Public Remarks:Exceptional Development Opportunity in Pompano Beach. Nestled in the vibrant heart of Pompano Beach, the development site located at 518-524 N Riverside Drive presents an unparalleled opportunity for visionary developers. Spanning a generous .47 acres, this prime parcel of land is zoned RM-45, offering 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.,County Or Parish:Broward County,Frontage Length:152,List Office Name:Compass Florida, LLC,Private Remarks:Call Rich DeGirolamo 215-680-2266 For questions,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4735,Property Sub Type:Residential,State Or Province:FL,Street Dir Prefix:N,Tax Annual Amount:11162,Unparsed Address:518 & 524 N Riverside Dr, Pompano Beach FL 33062,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Lot Size Dimensions:152x167,Lot Size Square Feet:20178,M I A M I R E_ L P Amt Sq Ft:193.2798,Original List Price:4250000,Previous List Price:4250000,Public Survey Range:48,I D X Participation Y N:1,Syndication Remarks:Exceptional Development Opportunity in Pompano Beach. Nestled in the vibrant heart of Pompano Beach, the development site located at 518-524 N Riverside Drive presents an unparalleled opportunity for visionary developers. Spanning a generous .47 acres, this prime parcel of land is zoned RM-45, offering 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.,Listing Contract Date:2024-04-25,Originating System I D:miamire,Public Survey Section:31,Showing Instructions:Call Listing Agent,Go Directly,Street Number Numeric:518,Tax Legal Description:NORTH BEACH CO INC PROPERTIES 33-36 B LOT 6,7 W1/2 PLOT 1,Public Survey Township:48,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0,M I A M I R E_ Internet Remarks:Development site Zoned RM-45 and .47 acres. This prime location offers unmatched potential for coastal luxury living.,Contract Status Change Date:2024-04-25,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Temp Off Market Date:2024-05-09,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,