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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Pompano Beach, FL.
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
All 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
DATE
EVENT
PRICE
Feb 20, 2019
Feb 20, 2019Home Sold
$489,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Pompano Beach Elementary School
700 NE 13th Ave
Distance between this listing and this school1.09 miles
Public District Grades PK-5
6
/10
Cresthaven Elementary School
801 NE 25th St
Distance between this listing and this school2.11 miles
Public District Grades PK-5
7
/10
McNab Elementary School
1350 SE 9th Ave
Distance between this listing and this school2.13 miles
Public District Grades KG-5
Nearby Schools
3
/10
Pompano Beach Middle School
310 NE 6th St
Distance between this listing and this school1.84 miles
Public Magnet Grades 6-8
5
/10
Somerset Pines Academy
901 NE 33rd St
Distance between this listing and this school2.50 miles
Public Charter Grades KG-8
3
/10
Crystal Lake Middle School
3551 NE 3rd Ave
Distance between this listing and this school2.80 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Pompano Beach High School
600 NE 13th Ave
Distance between this listing and this school1.12 miles
Public Magnet Grades 9-12
2
/10
Blanche Ely High School
1201 NW 6th Ave
Distance between this listing and this school2.61 miles
Public Magnet Grades 9-12
1
/10
Andrews High School
3500 N Andrews Avenue
Distance between this listing and this school3.56 miles
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.
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.