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$899,000
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Property 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.
Full Property Details
Full Property Details for 851 NW 4th Ave
General
- Price: $899,000
- Taxes: $7,397 (2024)
- Status: Active
- Type: Multi-Family
- Source: Regional
- MLS ID: F10550811
- Updated: 2/20/2026
- Added to Site: 20 day(s) ago
Interior
- Flooring: Ceramic Tile
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Porch, Balcony
Location
- County: Broward
- Subdivision: POMPANO
Community
- Community Name: 3423
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Zoned
- Heating Type: None, Separate Meters
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Not Available
Structural Information
- Construction: Block
- Roof: Other
- Stories/Levels: 2
- Square Feet: 1,296
- Living Area: 1,296 Sq. Ft.
- Year Built: 1956
- Property Condition: Resale
Lot Features
- Lot Features: Item14Acre
- Zoning: RM-12
Financial Considerations
- Assessment Amount: $271,190
- Tax Amount: $7,397
- Tax Year: 2024
- Terms: Cash, Other
Disclosures and Reports
- Documents Avail.: Survey
- 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
- Property ID: 484235010483
Listed by LoKation
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Schools
Schools serving 851 NW 4th Ave
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Pompano Beach Elementary School 700 Northeast 13th Avenue, Pompano Beach, FL 33060 | PK-5 | 1.3 mi |
Pompano Beach Middle School 310 Northeast 6th Street, Pompano Beach, FL 33060 | 6-8 | 0.5 mi |
Blanche Ely High School 1201 Northwest 6th Avenue, Pompano Beach, FL 33060 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 851 NW 4th Ave
Date
Details
Price
Change
Source
2/06/2026
Listed
$899,000
83.47%
MLS
6/09/2025
Sold
$490,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 851 NW 4th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,397
—
$291,010
7%
2024
$7,397
5%
$271,190
8%
2023
$7,076
24%
$251,370
32%
2021
$5,727
-9%
$190,740
-17%
2022
$6,297
10%
$231,070
56%
2021
$5,727
16%
$148,040
15%
2019
$4,917
43%
$128,590
—
2018
$3,442
42%
$128,590
—
2017
$2,417
11%
$128,130
10%
2016
$2,182
7%
$116,630
104%
2015
$2,037
17%
$57,200
10%
2014
$1,735
4%
$52,000
10%
2013
$1,662
—
$47,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 851 NW 4th Ave
851 NW 4th Avenue, Pompano Beach, FL 33060 (MLS# F10550811) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 851 NW 4th Avenue is currently listed for $899,000 and was received on February 06, 2026. Want to learn more about 851 NW 4th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pompano Beach? You can browse all Pompano Beach real estate or contact a Coldwell Banker agent to request more information.

