NOT LISTED FOR SALE

117 S Riverside Dr Pompano Beach, FL 33062

Estimated Value: $3,550,000 - $3,624,000

0.41 Acre
$8,756,607 Price per Acre
17,860 Sq Ft Lot

Last Sold May 02, 2024

Last sale price $3,500,000 $1,721 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $22,603/month

49 Days on Market

Highlights

  • Beach Front
  • Property has ocean access
  • 0.41 Acre Lot
  • McNab Elementary School Rated A-
  • Intracoastal View
  • Paved or Partially Paved Lot

About This Lot

As of May 2024

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.Located at 117 S Riverside Dr, Pompano Beach, FL 33062. This prime property boasts a total of 18,000 sqft within the sought-after intra-coastal. Featuring Plans for a luxurious 6 Townhouse Project, overlooking the serene waterfront offering 2 docks 4 Boat Slips. This rare offering is ideal for investors or developers looking to create a sophisticated waterfront community.

Last Listed By

Manuel Fasce

REDFIN CORPORATION License #3286453 Listed on: 02/26/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,500

Year Built

  • 1951

Lot Details

  • 0.41 Acre Lot
  • Beach Front
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Paved or Partially Paved Lot
  • Property is zoned AOD RM-4

Additional Features

  • Intracoastal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 494306110500

Community Details

Overview

  • Pompano Beach Park Subdivision

Recreation

  • Property has ocean access
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$22,500

Year Built

1951

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Special Features: VirtualTour
  • Year Built: 1951

Exterior Features

  • View: Intercoastal
  • Lot Features: Beach Front, City Lot
  • Road Surface Type: Paved
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes

Lot Info

  • Parcel #: 494306110500
  • Development Status: Raw Land
  • Lot Size Acres: 0.41
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 18000.0
  • Zoning Description: AOD RM-4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 22500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
May 2, 2024
Sold by
113 S Riverside Llc and Royal Quality Homes Of Florida Llc
Bought by
River Dev Llc
Seller's Agent
Manuel Fasce
REDFIN CORPORATION
Buyer's Agent
Manuel Fasce
REDFIN CORPORATION
List Price
$4,000,000
Sold Price
$3,500,000
Premium/Discount to List
-$500,000
-12.5%
Total Days on Market
49
Views
38
Current Estimated Value
$3,590,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,209
Avg. Annual Appreciation
-11.47%

Purchase Details

Closed on
Aug 28, 2018
Sold by
Karam Family Llc
Bought by
113 S Riverside Llc

Purchase Details

Closed on
Apr 27, 2017
Sold by
Karam Family Llc
Bought by
Karma Family Llc and Royal Quality Homes Of Florida Llc

Purchase Details

Closed on
Oct 20, 2016
Sold by
Karam Keonard
Bought by
Karam Family Llc

Purchase Details

Closed on
May 22, 2015
Sold by
Sail Up Llc
Bought by
Karam Leonard

Purchase Details

Listed on
Jan 23, 2013
Closed on
May 3, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Sail Up Llc
Seller's Agent
Robert Tammaro
MMLS Assoc.-Inactive Member
Buyer's Agent
Luc Gauthier
Charles Rutenberg Realty LLC
List Price
$375,000
Sold Price
$420,000
Premium/Discount to List
$45,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.25%

Purchase Details

Listed on
Jan 23, 2013
Closed on
May 2, 2013
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc
Seller's Agent
Robert Tammaro
MMLS Assoc.-Inactive Member
Buyer's Agent
Luc Gauthier
Charles Rutenberg Realty LLC
List Price
$375,000
Sold Price
$420,000
Premium/Discount to List
$45,000
12%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Alencar Gineton G and Alencar Maria Antonietta
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 3, 2006
Sold by
Bearden Doyle L and Bearden Maria Z
Bought by
Alencar Gineton G and Alencar Maria Antonietta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 13, 2003
Sold by
Coffey Kevin and Walsh John
Bought by
Bearden Doyle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
4.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2001
Sold by
Iran N Yagob I
Bought by
Coffey Kevin and Walsh John

Purchase Details

Closed on
Apr 1, 1993
Sold by
Available Not
Bought by
Available Not

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
River Dev Llc $3,500,000 None Listed On Document
113 S Riverside Llc -- Attorney
Karma Family Llc $700,000 Attorney
Karam Family Llc -- None Available
Karam Leonard $650,000 All Florida Title Co Inc
Sail Up Llc $420,000 First American Title Ins Co
Nationstar Mortgage Llc -- First American
Aurora Loan Services Llc $307,700 None Available
Alencar Gineton G $1,020,000 Land Star Title Inc
Bearden Doyle L $565,000 Patch Reef Title Co Inc
Coffey Kevin $395,000 --
Available Not $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alencar Gineton G $765,000
Previous Owner Alencar Gineton $150,000
Previous Owner Bearden Doyle L $452,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $3,500,000 -12.5% $1,721 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $4,000,000 +852.4% $1,967 / Sq Ft
05/24/2013 05/24/13 Sold $420,000 +12.0% $47 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $375,000 -- $42 / 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 $31,222 $2,250,000 $2,250,000 --
2024 $22,500 $2,250,000 $2,250,000 --
2023 $22,500 $1,080,000 $1,080,000 $0
2022 $22,234 $1,080,000 $1,080,000 $0
2021 $30,482 $1,441,220 $0 $0
2020 $16,154 $785,860 $450,630 $335,230
2019 $14,651 $744,250 $450,630 $293,620
2018 $14,388 $683,440 $450,630 $232,810
2017 $13,396 $649,940 $0 $0
2016 $13,410 $644,480 $0 $0
2015 $9,450 $433,200 $0 $0
2014 $11,938 $549,480 $0 $0
2013 -- $549,230 $450,630 $98,600
Source: Public Records

Agents Affiliated with this Home

  • Manuel Fasce

    Seller's Agent in 2024

    Manuel Fasce

    REDFIN CORPORATION

    (561) 251-8281

    Section Image

  • R

    Seller's Agent in 2013

    Robert Tammaro

    MMLS Assoc.-Inactive Member

  • L

    Buyer's Agent in 2013

    Luc Gauthier

    Charles Rutenberg Realty LLC

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Map

Source: BeachesMLS

MLS Number: R10963070

BeachesMLS

APN: 49-43-06-11-0500

Florida Broward County Pompano Beach 33062

117 S Riverside Dr, Pompano Beach, FL

Homes for Sale in Pompano Beach, FL

This home is located at 117 S Riverside Dr, Pompano Beach, FL 33062 since 26 February 2024 and is currently estimated at $3,590,209, approximately $1,765 per square foot. This property was built in 1951. 117 S Riverside Dr is a home located in Broward County with nearby schools including McNab Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

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