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Builders and Developers, capture your next high-earning investment opportunity here. 8,463 sqft RM-20 zoned corner lot, suitable for townhouses or a multifamily building (MF with a 400 sqft city variance). This incredible investment opportunity is located 2.6 miles down the A1A from the Ritz Carlton Residences being constructed; one block off the intercostal; and two blocks away from the beach. One block north, your tenants can use the canal with boat slips available for rent or purchase. Just 1.5 miles from Lighthouse Point, this quiet neighborhood is perfect for easy Pompano living, home to townhouses, duplexes, and multifamily buildings. From an investment perspective, the neighborhood already renders high rents and high sales, let alone the long-term ROI projected for Pompano Beach.
Listed by Chad Carroll and Stefan Segall, Compass Florida,LLC

Property Details of 1602 N Riverside Drive

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on June 1, 2023

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