NOT LISTED FOR SALE

1601 N Riverside Dr Pompano Beach, FL 33062

Estimated Value: $2,292,000 - $3,151,000

0.34 Acre
$7,527,656 Price per Acre
14,810 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $2,300,000 $779 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $17,245/month

227 Days on Market

Highlights

  • Beach Front
  • Intracoastal View
  • Brush Vegetation
  • Property has ocean access
  • 0.34 Acre Lot
  • 3-minute walk to Pompano Beach North Ocean Park

About This Lot

As of September 2023

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

Last Listed By

Manuel Fasce

REDFIN CORPORATION License #3286453 Listed on: 01/30/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,418

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 174 x 82 x 177 x 80
  • Beach Front
  • Property fronts an intracoastal waterway
  • Brush Vegetation
  • Paved or Partially Paved Lot
  • Property is zoned RM- 45

Property Views

  • Intracoastal
  • Canal

Location

  • City Lot

Schools

  • Cresthaven Elementary School
  • Pompano Beach Middle School

Listing and Financial Details

  • Assessor Parcel Number 484330030450

Community Details

Overview

  • Wahoo No 2 Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$33,418

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Directions: East on Sample Rd, South on Federal highway, east on NE 14th St, South on N Riverside Drive
  • Special Features: VirtualTour

Exterior Features

  • View: Canal, Intercoastal
  • Lot Features: Beach Front, City Lot
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Schools

  • Elementary School: Cresthaven
  • Middle Or Junior School: Pompano Beach

Lot Info

  • Parcel #: 484330030450
  • Lot Size Acres: 0.34
  • Lot Size: 174 X 82 X 177 X 80
  • Lot Size Sq Ft: 14892.0
  • Zoning Description: RM- 45
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 33418.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Sep 15, 2023
Sold by
Luna North Llc
Bought by
Saas 4524 Seagrape Lender Llc
Seller's Agent
Manuel Fasce
REDFIN CORPORATION
Buyer's Agent
Andrea Lowy
RE/MAX Preferred
List Price
$3,750,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,450,000
-38.67%
Total Days on Market
227
Views
4
Current Estimated Value
$2,559,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,403
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Feb 11, 2022
Sold by
Project Novations Llc
Bought by
Luna North Llc

Purchase Details

Closed on
Nov 1, 2005
Sold by
Ferazzi Paul
Bought by
Prime Pb 16 Llc

Purchase Details

Closed on
Mar 30, 2005
Sold by
Roddy Gerald and Roddy Laverne
Bought by
Ferazzi Paul

Purchase Details

Closed on
Nov 17, 2003
Sold by
Laverne Investments Inc
Bought by
Roddy Gerald and Roddy Laverne

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saas 4524 Seagrape Lender Llc $2,300,000 Esq Title
Luna North Llc $1,700,000 Edgar A Benes Pa
Prime Pb 16 Llc $3,200,000 --
Ferazzi Paul $1,500,000 --
Roddy Gerald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prime Pb 16 Llc $2,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $2,300,000 -29.2% $779 / Sq Ft
03/27/2023 03/27/23 Price Changed $3,250,000 -13.3% $1,101 / Sq Ft
01/30/2023 01/30/23 For Sale $3,750,000 -- $1,271 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $35,028 $1,801,930 -- --
2024 $31,024 $1,801,930 $1,489,200 --
2023 $31,024 $1,489,200 $1,489,200 $0
2022 $33,418 $1,623,230 $1,623,230 $0
2021 $33,533 $1,623,230 $1,623,230 $0
2020 $32,417 $1,623,230 $1,623,230 $0
2019 $30,700 $1,623,230 $1,623,230 $0
2018 $28,200 $1,593,590 $1,593,590 $0
2017 $26,262 $1,189,260 $0 $0
2016 $25,361 $1,081,150 $0 $0
2015 $24,105 $982,870 $0 $0
2014 $18,759 $893,520 $0 $0
2013 -- $893,520 $893,520 $0
Source: Public Records

Agents Affiliated with this Home

  • Manuel Fasce

    Seller's Agent in 2023

    Manuel Fasce

    REDFIN CORPORATION

    (561) 251-8281

    Section Image

  • A

    Buyer's Agent in 2023

    Andrea Lowy

    RE/MAX

    (954) 937-4360

    2 in this area

    24 Total Sales

    Andrea Lowy
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10862282

BeachesMLS

APN: 48-43-30-03-0450

Florida Broward County Pompano Beach 33062

1601 N Riverside Dr, Pompano Beach, FL

Homes for Sale in Pompano Beach, FL

This home is located at 1601 N Riverside Dr, Pompano Beach, FL 33062 since 30 January 2023 and is currently estimated at $2,559,403, approximately $867 per square foot. 1601 N Riverside Dr is a home located in Broward County with nearby schools including Cresthaven Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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