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851 NW 4th Avenue, Pompano Beach, FL, 33060

1beds
1baths
1,296sqft
$849,000
$655price/sqft
$6,742/moest. monthly cost
$269,680/yrincome needed

About This Home

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.

Getting Around

51
WalkingSomewhat Walkable
37
TransitSome Transit
67
BikeBikeable

Schools

4/10
5/10
4/10
Blanche Ely High SchoolGrades 9-120.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1956

Materials

  • Roof: Other
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Features

  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: None,Separate Meters
  • Cooling features: Zoned

Interior Area

  • Total interior livable area: 1,296 sqft

Property

Details

  • Parcel number: 484235010483
  • Zoning: RM-12

Features

  • Patio & porch: Porch,Balcony
  • Exterior features: Balcony

Lot

  • Features: < 1/4 Acre