When was property at 518 North Riverside Drive built and last sold?

The property at 518 North Riverside Drive was built in 1955 and last sold on May 8, 2023 for $1,800,000.

How much is this home worth?

The estimated value of the home located at 518 North Riverside Drive is $2,159,901.

What are some comparable homes to 518 North Riverside Drive?

There are currently no comparable homes to 518 North Riverside Drive.

Pompano Beach

33062

518 N Riverside Drive

Sold on Sep 23, 2026

Map

$1,700,000

● House - Off Market

518 N Riverside Drive

Pompano Beach, FL 33062

4 Beds

4 Baths

4,006 Ft²

$13,664

Est. Monthly

About This Property

Exceptional opportunity just blocks from the beach! 518 N Riverside Drive offers the flexibility to renovate the existing home or take advantage of its RM-45 zoning for future development, subject to municipal approvals. This charming property is a true gem with great potential and just needs a little love. Ideally located within walking distance to the beach, Pompano Beach Pier, dining, shopping, and entertainment. Available individually or together with the adjacent property at 524 N Riverside Drive for an expanded development opportunity. Buyer to verify zoning, density, land use, and development potential with the City of Pompano Beach. Adjacent property at 524 N Riverside Drive is also available for purchase. Buy one or combine both parcels for an expanded development opportunity. Existing home offers renovation potential or redevelop under RM-45 zoning. Buyer to verify zoning, density, land use, and development potential with the City of Pompano Beach.

Unit Size

4,006 Ft²

Days on Market

78 days

Land Size

0.27 acres

Price per sqft

$549

Property Type

House

Property Taxes

$2,862

HOA Dues

Year Built

1955

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Last updated: 2 days ago (Beaches MLS #B26049826)

Price History

Date / Event	Date	Event
Sep 23, 2026	Sold	Premium
Sold
Jul 29, 2026	In contract	-
In contract
Jul 7, 2026	Listed by Century 21 Stein Posner	$2,200,000
Listed by Century 21 Stein Posner
Jun 11, 2026	Listed by Century 21 Stein Posner	$2,240,000
Listed by Century 21 Stein Posner

	Exceptional Development Opportunity just blocks from the beach in the heart of Pompano Beach. 518 and 524 N Riverside Drive may be purchased together or separately, offering flexibility for developers, builders, and investors. Zoned RM-45, these prime parcels offer excellent potential for multifamily apartments, luxury townhomes, or other residential development opportunities, subject to municipal approvals. Combined, the lots total approximately 0.4633 acres in one of South Florida's most desirable coastal markets. Ideally located within walking distance to the beach, Pompano Beach Pier, restaurants, shopping, and entertainment. A rare opportunity to secure one or both properties in an area experiencing significant growth and redevelopment. Approximately 0.47 acres of RM-45 zoned land presenting a unique opportunity to develop luxury townhomes or multifamily residences in one of Pompano Beach's most sought-after coastal neighborhoods.
Dec 1, 2025	Listed	$2,500,000
Listed

	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.
Sep 8, 2025	In contract	-
In contract
Aug 8, 2025	Price Decreased	$2,500,000 ↓ $200K (7.4%)
Price Decreased
Aug 5, 2025	Listed	$2,700,000
Listed

	PRIME BEACH DEVELOPMENT OPPORTUNITY! Two adjacent properties for $3.8M in rapidly growing, up-and-coming Pompano Beach. Zoned RM-45--ideal for multi-family development just steps from the ocean. A rare chance for builders or investors to capitalize on this high-demand area. Renovate existing homes for strong rental income or build new to maximize value. With Pompano's revitalization and beachside charm, this is a can't-miss opportunity. Location, zoning, and timing are all on your side!
Nov 1, 2024	No longer available	-
No longer available
Jul 12, 2024	Listed	$2,600,000
Listed

	Prime Opportunity near the Beach! Offering an ideal prospect for developers due to their RM-45 zoning. Houses are being sold together for $3,900,000. The address of the one adjacent is 524 N Riverside Drive. Pompano Beach is currently a hot spot for developers, making this location a must-see for potential opportunities. If you're not a developer, consider purchasing both houses for renovation and potential rental income. Currently rented until the end of the year, this presents a cash flow opportunity. Don't miss out on this prime Pompano Beach real estate location!
Jul 11, 2024	Price Increased	$3,900,000 ↑ $2M (116.7%)
Price Increased
Jun 25, 2024	Relisted	$1,800,000
Relisted
May 9, 2024	No longer available	-
No longer available
Apr 25, 2024	Listed	$4,250,000
Listed

	Exceptional Development Opportunity in Pompano Beach. Nestled in the vibrant heart of Pompano Beach, the development site located at 518-524 N Riverside Drive presents an unparalleled opportunity for visionary developers. Spanning a generous .47 acres, this prime parcel of land is zoned RM-45, offering 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.
May 15, 2023	Sold	Premium
Sold
Apr 8, 2023	Listed by Balistreri Real Estate Inc	$1,999,999
Listed by Balistreri Real Estate Inc

	COME SEE THIS STUNNING 4 BEDROOM, 4 BATHROOM HOME. THE KITCHEN IS A CHEF'S DREAM COME TRUE WITH DOUBLE NATURAL GAS COOKTOPS AND OVENS, DISHWASHERS, REFRIGERATORS, AND A WINE COOLER. COMPLETE REBUILD IN 2004 INCLUDING ELECTRICAL WIRING, PLUMBING, AND FLOOR PLAN EXPANSION. MEDIA ROOM WITH A PROJECTOR. BAMBOO FLOORS AND NATURAL LIGHTING THROUGHOUT THE HOME WITH IMPACT-RESISTANT WINDOWS AND DOORS. STEP OUT ON A PRIVATE 2ND-FLOOR WRAP-AROUND BALCONY OR ENJOY THE ROOFTOP TERRACE. REMAIN COMFORTABLE WITH A GENERATOR THAT CAN MAINTAIN THE ENTIRE HOME. RELAX IN THE HEATED SALTWATER POOL SURROUNDED BY TROPICAL GARDENS, PERFECT FOR ENTERTAINING. FENCED YARD AND OUTDOOR SHOWER TOO. ONE BLOCK FROM BEAUTIFUL POMPANO BEACH AND WITHIN WALKING DISTANCE OF GREAT RESTAURANTS, ENTERTAINMENT, AND SHOPPING.
Apr 5, 2023	No longer available	-
No longer available
Mar 23, 2023	Price Decreased	$2,100,000 ↓ $100K (4.6%)
Price Decreased
Feb 15, 2023	Listed by Century 21 Stein Posner	$2,200,000
Listed by Century 21 Stein Posner
Feb 3, 2004	Sold	Premium
Sold
May 1, 1990	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1978
Building Count: 1
Bedroom Count: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 18
Floor Count: 200
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Parking Type: 7
Garage Type: 0
Parking Space Count: 0
Patio Type: 19
Porch Type: 36
Pool Type: 12

Dimensions

Lot Size Square Feet: 11,964

Lot Size Frontage Feet: 1,285
Total Building Area: 4,294
Gross Building Area: 4,294
Building Area: 4,006
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 4,006
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: NORTH BEACH CO INC PROPERTIES
Land Acres: 0000000275
Standard Land Use Code: 1001
County Land Use Code: 01-01
State Land Use Code: 01
Legal Description 1: NORTH BEACH CO INC PROPERTIES 33-36 B LOT 6,7 W1/2 PLOT 1

Neighborhood

School District Name: Broward County School District

Census Tract: 031204

Zoning

Zoning: RM-45

Geography

District: 1511

Parcel: 48-43-31-26-0070
Lot: 6,7
Meridian: SEC 31 TWN 48S RNG 43E
Municipality: POMPANO BEACH
Latitude: 26.2403
Longitude: -80.0909

Address

Full Address: 518 N Riverside Dr

Address - House Number: 518
Street Direction: N
Address - Street Name: Riverside
Address - Suffix Type: Dr
State: FL
City Name: Pompano Beach
Carrier Code: C019
4-Digit Zip Code: 4735
Zip Code: 33062

Valuation

Tax

Total Area: 3,916

Tax Year: 2023
Tax Amount: $1,116,200
Tax Rate Code Area: 1511

Appraisal Valuation

Standard Deviation: 0.1681

Valuation Date: Feb 21, 2024
Confidence Score: 78
Final Value: 1,643,105
High Value: 1,919,463
Low Value: 1,366,746

Market Valuation

Market Total Value: $1,179,450

Market Land Value: $358,920
Market Improvement Value: $820,530

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $1,179,450
Assessed Land Value: $358,920
Assessed Improvements Value: $820,530

Sales

Current Sale Contract Date: May 08, 2023

Current Sale Recording Date: May 15, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 118855946
Previous Sale Recording Date: Feb 03, 2004
Previous Sale Contract Date: Jan 28, 2004
Previous Sale Amount: $575,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Pompano Beach

Stats & Trends

Median Asking:

$394,750

Sale Price/ft²

$315

Below Asking

0.03%

Average Days on Market

Average Home Size

1406 ft²

Average Home Age

48.4 years

Currently For Sale

1459 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$8,000 /mo

2 Beds
2 Baths
2,529 ft²

801 Briny Avenue #1501, Pompano Beach, FL, 33062 Listing by Lina Torres

Unit for rent at 1 N Ocean Boulevard, Pompano Beach, FL, 33062

$6,500 /mo

2 Beds
2 Baths
1,815 ft²

1 N Ocean Boulevard #508, Pompano Beach, FL, 33062 Listing by Edward Cook

Unit for rent at 101 Briny Avenue, Pompano Beach, FL, 33062

$4,000 /mo

2 Beds
2 Baths
1,150 ft²

101 Briny Avenue #811, Pompano Beach, FL, 33062 Listing by Linda Stark

Rentals Near You

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Listed by: Shila G Harari
Century 21 Stein Posner
Last Updated: 2 days ago
Data Source: Beaches MLS, MLS# B26049826

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.