Quadruplex in 851 NW 4th Avenue, Pompano Beach, FL 33060 for sale with MLS# F10550811

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.

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Days on the market

851 NW 4th Avenue, Pompano Beach, FL 33060

Price
Price:
$849,000.00
Original List Price:
$899,000.00
List Price per Sq Ft (Calculated, Approx.):
$655.09
Lease Details
Tenant Pays:
Electricity, Water
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
April 14, 2026 9:20 pm
Measures
Living Area:
1,296 Sqft
Property Features
View from the Property:
Other
Waterfront:
No
Windows:
Storm Window(s)
Air Conditioning
Air Conditioning System:
Zoned, Central Air
Heating System:
Central, None, Separate Meters
Fence:
Fenced
Storm Protection Impact Glass:
Complete
Sprinkler Description:
Other Sprinkler
Construction
Year Built:
1956
Roof:
Other
Number of Units Total:
4
Levels:
One,two
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
2
Structure Type:
Fourplex (Quadruplex)
Number of Units in the Community or Building:
4
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$7,397.00
Tax Year:
2024
Tax Assessed Value:
$271,190.00
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Water Source:
Public
Community
Subdivision Name:
POMPANO
Senior Community:
No
Restrictions:
Other Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Documents Available:
Deposit - Security, Existing Survey, Deposit - Last Months Rent
Listing Terms Considered by Seller:
Cash, Other
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
35-48-42 N 50 OF S 325 OF W 103.91 OF E 128.91 OF SW1/4 OF SE1/4 OF NW1/4 AKA LOT 7/8 PH
Real Estate Folio Number (Parcel Number):
484235010483
Zoning:
RM-12
Public Schools Assigned
Elementary School:
Pompano Beach
High School:
Blanche Ely
Middle Or Junior School:
Pompano Beach
Listing History
Active on the market since:
February 6, 2026
Listing Agreement executed on:
February 6, 2026
Price change occurred on:
April 14, 2026 9:20 pm
Listing Status Last Changed On:
February 6, 2026 7:42 pm
Photos updated on:
March 4, 2026 6:01 pm
Last Modified:
August 10, 2026 7:59 pm
Additional Information
Courtesy of:
LoKation
Attribution:
Not provided
Location
Street Name:
4th
Street Number:
851
City:
Pompano Beach
State:
Florida
Zip Code:
33060
County:
Broward
Latitude:
N26° 14' 21.9''
Longitude:
W81° 52' 14.9''
Street Suffix:
Avenue
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $59,757
Median Home Value $354,100
Median Rent $1,406/mo
Median Age 39
Population 35,888

Air Quality

Source: AirNow.gov · Broward County

🌬️ Air Quality Index (AQI) 29 Good
☀️ O3 15 Good
🫁 PM2.5 29 Good
💨 PM10 11 Good
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Association of REALTORS®
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