22 days on rocket

518 N Riverside Dr, Pompano Beach, FL, 33062

$2,600,000

4 Bedrooms
4 Full Baths
4,006 SqFt
$649/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces
Year Built1955
HeatingCentral, Zoned
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontNone
FireplaceFireplace(s)
ViewGarden, Pool
Private PoolYes
MLS #RX-11033268
StatusActive

About 518 N Riverside Dr

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean, Multi-Level
  • Year Built: 1955
  • Stories: 2
  • Living Area: 4,006 SqFt

Listing Office:

  • Office Name: Century 21 Stein Posner
  • Office Phone: (561) 756-9945
  • Listing Agent: Shila G Hayon

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Tile, Wood Floor
  • Interior: Decorative Fireplace, Fireplace(s), Foyer, Kitchen Island, Pantry, Split Bedroom, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Garden, Pool
  • Exterior: Open Balcony

Parking Information:

  • Parking: 2+ Spaces

Utilities

Utilities Information:

  • Heating: Central, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,600,000
  • Price Per SqFt: $649/SqFt

Tax Information:

  • Annual Amount: $9,979
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pompano Beach, FL.

Med. Sold Price

$373K

Med. Price/SqFt

$309

Avg. Days On Market

54

# of Sold Homes

48

518 N Riverside Dr vs Pompano Beach

22 DAYS ON ROCKET

-32 Days

$2,600,000

+$2.2M More

$649/SqFt

+$339 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $339/SqFt more than other homes in Pompano Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11033268

Listing Office:

  • Office Name: Century 21 Stein Posner
  • Office Phone: (561) 756-9945
  • Listing Agent: Shila G Hayon

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 03, 2004Home Sold
$575,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,979$522,400
2019$9,464$510,660
2018$9,081$501,140
2017$9,081$490,840

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,861

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-950988
6
/10
  • Pompano Beach Elementary School

  • 700 NE 13th Ave

  • 1.09 miles

  • Public District Grades PK-5

school-card-donut-950989
7
/10
  • McNab Elementary School

  • 1350 SE 9th Ave

  • 2.12 miles

  • Public District Grades KG-5

school-card-donut-950990
6
/10
  • Cresthaven Elementary School

  • 801 NE 25th St

  • 2.12 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,461. Typical income of Pompano Beach, FL residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 N Riverside Dr

What is the listing price of this property?

The listing price of 518 N Riverside Dr property is $2,600,000.

What type of property is this?

The property 518 N Riverside Dr is a house located in Pompano Beach, Florida, 33062.

Is this property for sale now?

Active Listing: 518 N Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,979 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 3, 2004 for $575,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 N Riverside Dr has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 518 N Riverside Dr is 4,006 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 N Riverside Dr is 1955.
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Rocket Homes›Florida›Broward County›Pompano Beach›33062›518 N Riverside Dr

This home is located at 518 N Riverside Dr in Pompano Beach, FL and zip code 33062 in the East Deerfield Beach / East Pompano Beach neighborhood. This 4,006 square foot home was built in 1955. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $2,600,000.

While more than 6 listings in Pompano Beach, FL in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 40 were sold below. Between September 2024 and October 2024, Pompano Beach, FL real estate market has seen increase in the number of listings by 10%. While the average time on the market in October 2024 was 54 days, the median list price was $373,000.

From Rocket Homes Real Estate and based on county public records data.

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