518 N Riverside Dr - Commercial LAND FOR SALE


Pompano Beach, FL 33062- Outer Pompano Beach/Deerfield Beach20,473 SF
$3,495,000 USD
786-877-5100
518 N Riverside Dr, Pompano Beach, FL for Sale
$3,495,000 USD
Commercial LAND - FOR SALE
1/11
20,473 SF

518 N Riverside Dr
Pompano Beach, FL 33062
Outer Pompano Beach/Deerfield Beach


OVERVIEW

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 a diverse array of 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 surrounded. Its strategic positioning not only promises stunning views but also ensures easy access to a wealth of local amenities, including bustling shopping districts, gourmet dining options, and serene beaches, making it an ideal setting for upscale residential developments that meet the growing demand for high quality living spaces. This unique parcel represents a rare blend of scale, location, and zoning potential, making it a highly attractive investment opportunity. Whether the vision is to create a modern apartment complex or exclusive townhomes, 518-524 N Riverside Drive stands as a canvas ready for transformation into a landmark development in Pompano Beach. Unlock the potential of this extraordinary site and shape the future of living in one of Florida's most sought-after coastal communities. The property is located in the highly sought after community east of the inter-coastal waterway just north of the Pompano Beach Pier, The area is impacted by the retail, educational, marine, and tourist industries. Flexible and aggressive zoning allows for construction of a variety of projects, from high end market rate multifamily, to luxury condos or townhomes, encompassing up to 45 du/acre, allowing for the development of up to 105 feet, with 60% lot coverage, and at least 20 Units.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/ACRE

$7,436,170/AC

PRICE/SF

$171 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

518-524 N Riverside Drive

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

0.47 AC

LAND SF

20,473 SF

OFFSITE IMPROVEMENTS

-

ZONING

RM-45

APN/PARCEL ID

48-43-31-26-0070,48-43-31-26-0120

ASK ABOUT THIS PROPERTY

Rachelle GinsbergCompassMore Info
786-877-5100

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Rachelle GinsbergCompassMore Info
786-877-5100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.