851 NW 4th Avenue, Pompano Beach, FL 33060
POMPANO · Broward County
Key Facts
Description
Prime Investment Opportunity in Pompano Beach!Completely remodeled and fully income-producing Four-Plex offering a potential 9% cap rate with strong, consistent cash flow. This turnkey property features 4/ 1-bedroom, 1-bath units, each with a private entrance—highly desirable for tenants and easy to rent. Extensive upgrades include impact windows, new flooring throughout, freshly painted interior and exterior, updated kitchens and bathrooms, and modern light fixtures—significantly reducing future maintenance expenses.One unit includes an in-unit washer and dryer, increasing rental appeal and value. With minimal deferred maintenance and solid income potential, this is a ready-to-go asset for investors seeking immediate returns and just minutes from shopping and Beaches.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1956
Stories
2
Living Area
1,296 sq ft
Zoning
RM-12
Days on Market
164
MLS® Listing#
F10550811
Property Features
Exterior
Cooling
Heating
Flooring
Patio
Construction
Roof
Utilities
Sewer
Schools
- Elementary:
- Pompano Beach
- Middle:
- Pompano Beach
- High:
- Blanche Ely
Financial Details
HOA
None
Annual Taxes
$7,397
Tax year 2024
Assessed Value
$271,190
Parcel Number
484235010483
Affordability Calculator
$169,800
Estimated monthly payment
$4,519/mo
Principal $679,200 · Est. interest $947,544 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Pompano Beach, FL
- $503,095
- Median Listing Price
- 115
- Median Days on Market
- 1,408
- Median Sq Ft
- $383
- Median Price / Sq Ft
- 27,288
- Active Listings
- This home’s price is 69% above the area median.
- Its price per sq ft is 71% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Pompano Beach, FL.
Location
Points of Interest in Pompano Beach, FL
Showing the Pompano Beach area map.
Nearby Schools
Blanche Ely High School
Secondary · 0.3 mi away
Children in the Spirit Christian
School · 0.5 mi away
Mount Sinia Christian Academy
School · 0.5 mi away
Christ Church Early Learning Center
School · 0.6 mi away
Sanders Park Elementary School
Elementary · 0.7 mi away
Dave Thomas Education Center
School · 0.8 mi away
Somerset Pines Academy
School · 1.0 mi away
C. Robert Markham
Elementary · 1.0 mi away
For Him Christian Academy
School · 1.1 mi away
Innovation Charter School
Elementary · 1.1 mi away
Williston Middle High School
Secondary · 1.1 mi away
North Area Superintendent
School · 1.2 mi away
Pompano Beach High School
Secondary · 1.2 mi away
Kids Early Learning Experience
School · 1.2 mi away
Our Children's Workshop
Elementary · 1.3 mi away
Pompano Beach Elementary School
Elementary · 1.3 mi away
Joshua's Tree Learning Center
School · 1.3 mi away
Akasha Academics
School · 1.4 mi away
Cypress Elementary School
Elementary · 1.4 mi away
Imk
School · 1.4 mi away
Commute Calculator
Nearby Homes
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|---|---|---|---|---|
| 1600 Via Deluna Dr 507-A, Pensacola Beach, FL | $594,500 | 2 | 2 | 1,156 |
| 33192 SUNNY PARKE Circle, Fernandina Beach, FL | $594,900 | 4 | 3 | 2,988 |
| 33192 SUNNY PARKE Circle, Fernandina Beach, FL | $594,900 | 4 | 3 | 2,988 |
| 1208 Marine Way G13, North Palm Beach, FL | $594,900 | 2 | 2 | 1,440 |
| 3220 River Villa Way 130, Melbourne Beach, FL | $594,900 | 3 | 2 | 1,875 |
| 5117 SEA BRANCH AVENUE, APOLLO BEACH, FL | $594,990 | 5 | 5 | 3,061 |
Moving Cost Estimate
EXIT Agents in Pompano Beach
Listing Courtesy: LoKation - 9545455583
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.