524 N Riverside Dr, Pompano Beach, Florida 33062 USA

$1,500,000  Single Family MLS® A11622654

About this Property

Prime Development Opportunity Two Blocks from the Ocean! This one-story home, situated on an 8,214 sq/ft lot, is being sold with the adjacent home, which sits on an 11,964 sq/ft lot, totaling .47 acres of prime real estate. Zoned RM-45, this property offers the perfect canvas for a developer to build condos or townhomes. With Pompano Beach emerging as a hotspot for developers, this presents an ideal investment opportunity. Whether it's developing and selling to end-users or renovating the existing homes for personal or Airbnb use, the potential is limitless. Sold AS IS, this offering is a rare find in a sought-after location. The price on here is just for the one home. Total asking for both lots/homes is $3,900,000.

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Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Compass Florida, LLC.