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524 N Riverside Dr, Pompano Beach, FL, 33062

$1,500,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,578 SqFt
$951/SqFt
House

Location

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524 N Riverside Dr, Pompano Beach$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet
Year Built1954
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air
WaterfrontNone
ViewCity, Other
MLS #RX-11033314
StatusActive

About 524 N Riverside Dr

PRIME DEVELOPMENT OPPORTUNITY NEAR THE BEACH!! TWO HOUSES BEING SOLD TOGETHER (518 N RIVERSIDE DR.) FOR $3.9 MILLION STEPS AWAY FROM THE BEACH AND ARE ZONED RM-45, MAKING IT IDEAL FOR DEVELOPERS LOOKING TO CAPITALIZE ON THE REGIONS GROWTH POTENTIAL. THIS PRIME LOCATION NOT ONLY CATERS TO DEVELOPERS BUT ALSO PRESENTS A FANTASTIC OPPORTUNITY FOR INVESTORS INTERESTED IN RENOVATING THE EXISTING PROPERTIES FOR RENTAL INCOME. WITH ITS CLOSE PROXIMITY FROM THE BEACH, THIS REAL ESTATE OFFERING IS A MUST-SEE FOR ANYONE LOOKING TO INVEST IN POMPANO BEACH. DON'T MISS OUT ON THIS RARE OPPORTUNITY!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1954
  • Stories: 1
  • Living Area: 1,578 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Generator Hookup
  • Flooring Type: Tile
  • Interior: Entry Lvl Lvng Area, Split Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City, Other
  • Exterior: Open Porch

Parking Information:

  • Parking: Street

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $951/SqFt

Tax Information:

  • Annual Amount: $9,160
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$376.8K

Med. Price/SqFt

$309

Avg. Days On Market

80

# of Sold Homes

51

524 N Riverside Dr vs Pompano Beach

50 DAYS ON ROCKET

-30 Days

$1,500,000

+$1.1M More

$951/SqFt

+$642 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $642/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-11033314

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: 12/22/2024, 3:20:52 AM 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 20, 2019Home Sold
$489,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,160$440,100
2019$4,360$339,450
2018$4,166$248,430
2017$4,166$243,330

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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-865055
6
/10
  • Pompano Beach Elementary School

  • 700 NE 13th Ave

  • 1.09 miles

  • Public District Grades PK-5

school-card-donut-865056
6
/10
  • Cresthaven Elementary School

  • 801 NE 25th St

  • 2.11 miles

  • Public District Grades PK-5

school-card-donut-865057
7
/10
  • McNab Elementary School

  • 1350 SE 9th Ave

  • 2.13 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 524 N Riverside Dr

What is the listing price of this property?

The listing price of 524 N Riverside Dr property is $1,500,000.

What type of property is this?

The property 524 N Riverside Dr is a house located in Pompano Beach, Florida, 33062.

Is this property for sale now?

Active Listing: 524 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 $9,160 (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 20, 2019 for $489,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 524 N Riverside Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 524 N Riverside Dr is 1,578 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 524 N Riverside Dr is 1954.

Rocket Homes›Florida›Broward County›Pompano Beach›33062›524 N Riverside Dr

This home is located at 524 N Riverside Dr in Pompano Beach, FL and zip code 33062 in the East Deerfield Beach / East Pompano Beach neighborhood. This 1,578 square foot home was built in 1954. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $1,500,000.

While more than 2 listings in Pompano Beach, FL in November 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 41 were sold below. The number of listings in Pompano Beach, FL increased by 16.2% between October 2024 and November 2024. In November 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $376,875.

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

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