851 4th ,Quadruplex, Fourplex, Pompano for Sale

851 4th for Sale

Price $849,000.00

• Lot size 1296
• Year Build 1956
• Waterfront
• Zip 33060
• Style
• Parking Description
• Pool Yes
• Status Active

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.

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

Less Than 1/4 Acre Lot

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.

City:Pompano Beach,Roof:1:Other,Sewer:1:Public Sanitation,2:Sewer,Zoning:RM-12,Country:United States,List A O R:BeachesMLS,Stories:2,Tax Year:2024,Latitude:26.239412,Cooling Y N:1,List Price:849000,Listing Id:F10550811,Longitude:-80.1291658,Mls Status:Active,Year Built:1956,High School:Blanche Ely,Living Area:1296,Possession:1:Long Closing Preferred,2:Negotiable,Postal Code:33060,Street Name:4th,Coordinates:1:26.239412,Photos Count:24,Building Name:POMPANO,Days On Market:133,Lot Size Units:Square Feet,M I A M I R E_ Area:3423,M L S Area Major:Pompano,On Market Date:2026-02-06,Parcel Number:484235010483,Property Type:Residential Income,Stories Total:2,Street Number:851,Street Suffix:Avenue,Public Remarks: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.,County Or Parish:Broward County,Expiration Date:2026-08-05,List Office Name:LoKation,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:5591,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:POMPANO,Tax Annual Amount:7397,Unparsed Address:851 NW 4th Avenue, Pompano Beach FL 33060,Elementary School:Pompano Bch Elem,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:655.0926,M I A M I R E_ Num Floors:2,Original List Price:899000,Previous List Price:899000,Public Survey Range:4842,I D X Participation Y N:1,Number Of Units Total:1,Syndication Remarks: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 Contract Date:2026-02-06,Originating System I D:miamire,Public Survey Section:35,Showing Instructions:Appointment Only,Call Listing Agent,Elect Lockbox-Call List Agent,Street Number Numeric:851,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,M I A M I R E_ Current Price:849000,M I A M I R E_ Efficiency Y N:1,Middle Or Junior School:Pompano B.Middle,Public Survey Township:4842,M I A M I R E_ Year Installed:1956,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:N Broward Dixie Hwy To Turnpike (3411-3432;3531),M I A M I R E_ Parcel Number M L X:0483,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$26.239408$-80.129198$57.53$13.33$1.00$-8OglAtTnHxK7uraYeMrQw,Contract Status Change Date:2026-02-06,Internet Address Display Y N:1,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Acreage Description:1/4 Acre Or Less,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:954-861-8410,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:851 NW 4th Ave,M I A M I R E_ Dade Market Amt Assessed Amt:271190,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:655.09,