Exceptional Development Opportunity in Pompano Beach. Just a few blocks from the pristine shores of Pompano Beach, this development site at 518-524 N Riverside Drive offers an unparalleled opportunity for visionary developers. Nestled in the vibrant heart of Pompano Beach, the site spans a generous .47 acres and is zoned RM-45, providing immense flexibility and potential for various 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. This unique parcel represents a rare blend of scale, location, and zoning potential, making it a highly attractive investment opportunity. In addition to its proximity to the beach, this property is also conveniently located near the Pompano Beach Pier and a variety of restaurants, offering the perfect blend of convenience and lifestyle appeal. Please note that properties 518 and 524 must be purchased together.
For sale
$2,500,000
518 N Riverside Dr, Pompano Beach, FL 33062
4beds
4,006sqft
Est.:
Single Family Residence
Built in 1978
0.27 Acres Lot
$2,301,600 Zestimate®
$624/sqft
$-- HOA
What's special
- 67 days |
- 343 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: December 05, 2025 at 05:58pm
Listed by:
Rachelle Ginsberg 786-877-5100,
Compass Florida, LLC
Source: MIAMI,MLS#: A11923092
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Den/Library/Office, Family Room, Media Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Built-in Features, Kitchen Island
- Flooring: Wood
Interior area
- Total structure area: 4,294
- Total interior livable area: 4,006 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: First Floor Entry
- Exterior features: Balcony
- Has private pool: Yes
- Pool features: In Ground, Pool Only
- Fencing: Fenced
- Has view: Yes
- View description: Pool
Lot
- Size: 0.27 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 484331260070
- Zoning: RM-45
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- CBS Construction
- Roof: Curved/S-Tile Roof
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: Street Lights
- Security: Smoke Detector
- Subdivision: North Beach Properties
HOA
- Has HOA: No
Location
- Region: Pompano Beach
Financial & listing details
- Price per square foot: $624/sqft
- Tax assessed value: $1,548,340
- Annual tax amount: $34,338
- Date on market: 12/1/2025
- Listing terms: All Cash,Conventional
- Road surface type: Paved Road
Estimated market value
$2,301,600
$2.19M - $2.42M
$7,744/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Listed for sale | $2,500,000$624/sqft |
Source:  MIAMI #A11923092 Report a problem | ||
| 11/25/2025 | Listing removed | $2,500,000$624/sqft |
Source:  BeachesMLS #RX-11113293 Report a problem | ||
| 8/8/2025 | Price change | $2,500,000-7.4%$624/sqft |
Source: BeachesMLS #RX-11113293 Report a problem | ||
| 8/6/2025 | Listed for sale | $2,700,000+3.8%$674/sqft |
Source: BeachesMLS #RX-11113293 Report a problem | ||
| 8/5/2025 | Listing removed | $6,700$2/sqft |
Source: BeachesMLS #R11094447 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $32,074 +187.3% | $1,548,340 +175.5% |
| 2023 | $11,162 +5.2% | $561,960 +3% |
| 2022 | $10,607 +3.1% | $545,600 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$17,260/mo
Principal & interest
$12260
Property taxes
$4125
Home insurance
$875
Climate risks
Neighborhood: Beach
Nearby schools
GreatSchools rating
- 4/10Pompano Beach Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Pompano Beach Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Blanche Ely High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Pompano Bch Elem
- Middle: Pompano B.Middle
- High: Blanche Ely
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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