851 NW 4th Avenue, Pompano Beach, FL 33060

$849,000

Virtual Tour

https://www.propertypanorama.com/851-NW-4th-Ave-Pompano-Beach-FL-33060/unbranded

Property Type: Residential Income Square Footage: 1,296 Status: Active

Current Price: $849,000 List Date: 2/06/2026 Last Modified: 8/26/2026

Overview

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.

Listing Details MLS# F10550811

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Living Area Main: 1296
Year Built: 1956
Parking Total: 6
Gated Community YN: No
Land Lease YN: No
Stories Total: 2
Pool Private YN: No
LP/Assessed Value: 3.13

Property Features

Documents Available: Deposit - Last Months Rent; Deposit - Security; Existing Survey Exterior Features: None Fencing: Fenced Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale Structure Type: Quadruplex Tenant Pays: Electricity; Water Construction Materials: Block Cooling: Central Air; Zoned Heating: Central; Separate Meters; None Levels: One; Two Listing Terms: Cash; Other Possession: Close Of Escrow; Negotiable Restrictions: Other Restrictions Roof: Other Sewer: Public Sewer Sprinkler Description: Other Sprinkler Tax Information: City/County Utilities: Cable Not Available View: Other Water Source: Public Window Features: Storm Window(s) Showing Requirements: Appointment Only; Call Listing Agent Unit 1 Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Unit 1 Parking Features: Parking Space Unit 2 Appliances: Dishwasher; Microwave; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Appliances: Dishwasher; Microwave; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 4 Appliances: Dishwasher; Microwave; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 899000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 851
Street Direction Prefix: NW
Street Name: 4th
Street Suffix: Avenue
City Name: Pompano Beach
State Or Province: FL
Postal Code: 33060
Postal Code +4: 5591
Postal Zip: 33060
Subdivision Name: POMPANO
Area: 3423
Geographic Area: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Elementary School: Pompano Beach
Middle Or Junior School: Pompano Beach
High School: Blanche Ely
Special Assessment YN: No
Parcel Number: 484235010483
Zoning: RM-12

Financial Information

Tax Annual Amount: 7397
Tax Year: 2024
Tax Assessed/SOH Value: 271190
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
Assessor Market Value: 271190
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-04-14T21:20:21Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-04-14T21:20:21Z
Status Change Date: 2026-02-06

More Information

Co-Ownership

Property Management YN: No

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 4
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 4

Storm Protection

Impact Glass: Complete

Unit 1 Details

Actual Rent: 1600
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished
Hotel Room YN: No

Unit 1 Lease Description

Occupant Type: Vacant

Unit 2 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished

Unit 2 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Unit 3 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished

Unit 3 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Occupant Type: Tenant

Unit 3 Parking Details

Carport YN: No
Garage YN: No

Unit 4 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished

Unit 4 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months

Unit 4 Parking Details

Carport YN: No
Garage YN: No

Price Calculations

Current Price To SqFt: 655.09

Section Details

Parcel Number MLX: 0483

Originating Details

Originating System Key: 609873466
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

None: Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Documents Available

Deposit - Last Months Rent: Yes
Deposit - Security: Yes
Existing Survey: Yes

Fencing

Fenced: Yes

Structure Type

Quadruplex: Yes

Tenant Pays

Electricity: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

View

Other: Yes

Heating

Central: Yes
Separate Meters: Yes
None: Yes

Sprinkler Description

Other Sprinkler: Yes

Window Features

Storm Window(s): Yes

Construction Materials

Block: Yes

Levels

One: Yes
Two: Yes

Listing Terms

Cash: Yes
Other: Yes

Roof

Other: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Zoned: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Restrictions

Other Restrictions: Yes

Tax Information

City/County: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Appliances

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Appliances

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 4 Appliances

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Parking Space: Yes

Listing Office: LoKation

Last Updated: August - 26 - 2026

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851 NW 4th Avenue, Pompano Beach, FL 33060 (MLS# F10550811)