851 NW 4th Avenue, Pompano Beach, FL, 33060
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
Somewhat Walkable
Some Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Broward County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,293 | $51,516 |
| Home Insurance * | $1,573 | $18,876 |
| Property Taxes | $679 | $8,148 |
| Electricity | $197 | $2,366 |
| Total | $6,742 | $80,904 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Price change | $849,000 |
| 2026-02-06 | Listed for sale | $899,000 |
| 2025-06-12 | Sold | $490,000 |
| 2025-05-05 | Pending sale | $575,000 |
| 2025-02-20 | Price change | $575,000 |
| 2025-01-13 | Listed for sale | $600,000 |
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