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518 N Riverside Dr, Pompano Beach FL 33062

House Active With Contract
$2,245,000

BTC: 35.63492063

ETH: 1,285.79610538

-$255K (2026/03/28)
161 days
4 bds
4 ba
4,006 sqft

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.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1978
Lot:
11964 Square Feet
Heating:
Central
Price/sqft:
$560
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,592,500
$688K – $4.9M
Confidence Low
List vs. estimate
$347K below estimate
List $2,245,000 · -13.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$560
+41.7% vs. city median $395
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$34,338
2024
Pool
In Ground
View
Pool
All facts and features
  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Cooking Island

    • Den/Library/Office

    • Family Room

    • Media Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Parking

    • Driveway

    Property

    • Exterior Features: Open Balcony

    Lot

    • Lot: 11964 Square Feet

    Other Property Information

    • Parcel Number: 484331260070

    • Zoning: RM-45

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $34,338

  • Source details

    • MLS ID: A11923092

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Open Balcony

    • Pool Features: In Ground

    • Direction Faces: Southeast

    • Architectural Style: Detached / Two Story / Mediterranean

    • Living Area: 4006

    • Water Source: Municipal Water

    • Subdivision Name: North Beach Properties

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC