518 N Riverside Drive, Pompano Beach, FL 33062

$2,600,000 Asking Price

4 beds
4 baths
4,006  sqft
Built in 1955

PRIME DEVELOPMENT OPPORTUNITY NEAR THE BEACH!! DISCOVER THESE TWO PROPERTIES THAT ARE BEING SOLD TOGETHER AT AN ATTRACTIVE $3.9 MILLION, SITUATED ON LOTS THAT ARE ZONED RM-45, MAKING IT AN IDEAL OPPORTUNITY FOR DEVELOPERS SEEKING TO CAPITALIZE ON THE AREAS GROWTH POTENTIAL. THIS LOCATION IS NOT ONLY PRIME FOR DEVELOPERS BUT ALSO GREAT POTENTIAL FOR THOSE INTERESTED IN RENOVATING THE EXISTING PROPERTIES FOR RENTAL INCOME. THE PROXIMITY TO THE BEACH ENHANCES IT'S APPEAL, MAKING IT A MUST-SEE FOR ANYONE LOOKING TO INVEST IN POMPANO BEACH REAL ESTATE. DON'T MISS OUT ON THIS RARE OPPORTUNITY!

Features & Amenities

Interior

General:
Breakfast Area,Entrance Foyer,Fireplace,Kitchen/Dining Combo,Pantry,Split Bedrooms,Walk-In Closet(s)
Appliances:
Dishwasher
Flooring:
Tile,Wood
A/C:
true, Central Air,Ceiling Fan(s),Electric
Heating:
true, Central,Zoned
Fireplace:
Decorative, Fireplace

Exterior

General:
Balcony
Style:
Mediterranean
Pool:
Pool,Association,Community
Parking:
Two or More Spaces

Construction

Roofing:
Spanish Tile,Tile
Windows:
Impact Glass,Sliding
General:
Brick Veneer,Block, 2

Location

HOA Amenities:
Pool
Originating MLS:
FTL
County:
Broward

Lot

Zoning:
NORTH BEACH CO IN PROPERTIES 33-36 LOT 6,7 W1/2 PLOT 1, 484331260070
View:
Garden,Pool

Utilities

Utilities:
Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
FTL

This listing courtesy of:
Century 21 Stein Posner, Shila Hayon

About Pompano Beach, FL

Housing

Number of Units
175,528
Median Home Value
$312,612
Median Rent
$1,365

35.74% of housing units are renter occupied.

13.46% are vacant.

Commute

Car
68.60%
Public Transportation
1.72%
Walk to Work
1.05%
Work from Home
26.11%
Other
2.02%

The median travel time to work is 23 minutes.

People

Population
380,742
Median Age
40.90
Median Household Size
2.70

Education

High School
28.74%
Associate’s Degree
8.34%
Bachelor’s Degree
20.28%
Graduate Degree
12.11%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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