1601 N Riverside Drive, Pompano Beach, FL 33062

Overview

Description

Great development opportunity. This multi family zoned lot is situated on some of the most desirable waterfront real estate in South Florida. The lot sits on the eastside of the main intra-coastal waterway. Pompano beach water taxi pick up station is adjacent to the property.

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.34
Lot Size Square Feet: 14892
Lot Size Dimensions: 174 X 82 X 177 X 80
Waterfront YN: Yes
Direction Faces: East
LP/SqFt: 218.24

Property Features

Association Amenities: None Current Use: Multi-Family; Single Family Development Status: Unrecorded Plat Documents Available: Survey Electric: Three Phase Location of Property: Beach Access; City Location Possession: Close Of Escrow Possible Use: Commercial Trees: Other Utilities: Electricity Available; Sewer Available; None Vegetation: Brush; Grassed Listing Terms: Cash; Conventional Lot Features: Curbs; Sidewalks Road Frontage Type: Public Road Road Surface Type: Paved Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Canal; Intracoastal Waterfront Features: Intracoastal; Seawall; No Fixed Bridges Showing Requirements: Call Listing Agent; Text Listing Agent Contingencies: Backup Contract/Call LA; Inspection Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3750000
LP/Acre: 9558823.53

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1601
Street Direction Prefix: N
Street Name: Riverside
Street Suffix: Drive
City Name: Pompano Beach
State Or Province: FL
Postal Code: 33062
Postal Zip: 33062
Subdivision Name: WAHOO NO 2
Area: 3113
Geographic Area: NBEA - North Broward Ocean To Intracoastal (3111-3121)
Elementary School: Cresthaven
Middle Or Junior School: Pompano Beach
High School: Blanche Ely
Parcel Number: 484330030450
Multiple Offers Accepted: Yes
Zoning: RM- 45
Directions: East on Sample Rd, South on Federal highway, east on NE 14th St, South on N Riverside Drive

Financial Information

Tax Year: 2022
Tax Annual Amount: 33418.3
Tax Legal Description: WAHOO NO 2 7-49 B LOT 62 S 30.67 LESS PAR 13 AS IN PB 17/6-B,63 LESS PAR 13 AS IN PB 17/6-B

Status Change Information

Major Change Timestamp: 2023-09-18T15:08:25Z
Major Change Type: Status Change
Price Change Timestamp: 2023-03-11T18:18:38Z
Status Change Date: 2023-09-18
Under Contract Date: 2023-05-08
Close Date: 2023-09-15
Close Price: 2300000
Buyer Financing: Cash
SP/Acre: 6764705.88

More Information

Short Sale Details

Short Sale Addendum: No

Price Calculations

Original List Price To Close Price: 1.63

Originating Details

Originating System Key: 20230130152249652306000000
Originating System ID: M00000170