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851 4th Avenue
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PRICED AT ONLY: $899,000

Address: 851 4th Avenue, Pompano Beach, FL 33060

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 entrancehighly 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 fixturessignificantly 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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  • MLS#: F10550811 ( Residential Income )
  • Street Address: 851 4th Avenue
  • Viewed: 18
  • Price: $899,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 0
  • Days On Market: 25

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 entrancehighly 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 fixturessignificantly 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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Features
Building and Construction
  • Exterior Features: Balcony
  • Flooring: Ceramic Tile
  • Roof: Other
Utilities
  • Cooling: Zoned
  • Heating: Separate Meters, None
  • Sewer: Public Sewer
  • Utilities: Cable Not Available
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • 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
  • Parcel Number: 484235010483
  • Views: 18
  • Zoning Code: RM-12
Nearby Subdivisions
Amended Of Sumters Add   American Townsites Co Sub No 1   Avondale   Avondale 6-29 B   Boulevard Park Isles Sec   Brentwood Park 18-11 B   Center Court Condo   Cole Add To Pompano   Crestview 30-16 B   Cypress Cove   Cypress Cove 43-24 B   Cypress Creek Estates Sec   Cypress Harbor   Cypress Harbor 1st Sec   Cypress Harbor 2nd Sec   Cypress Harbor 4th Sec   Cypress Harbor 4th Sec 50   Cypress Harbor 5th Sec   Cypress Harbor 5th Sec 50   Cypress Isles Estates Fou   Cypress Isles Estates/cypress    Cypress Lake Estates   Cypress Lake Estates 52-3   Eco 201   Fairview Amd 10-25 B   Garden Isles   Garden Isles Sec 2   Garden Isles Sec 2 49-6 B   Garden Isles Sec 5   Garden Isles Sec One   High Ridge Estates   Hinson Add   Hinson Add 2-7 Pb Lots 18 To 2   Hunters Manor   Kendall Green Sec   Kendall Green Sec A 43-49   Kendall Green Sec C   Kendall Green Sec D 51-6   Lafayette Homesites   Liberty Park Estates Sec   Lyons Park 33-28 B   Lyons Park First Add 40-2   Major-rolle Add To Pompan   Monticello Park Amd   Norwood 39-21 B   Norwood Sec B 40-6 B   Ocean Drive Estates   Ocean Way Park   Old Pompano   Palm Tree   Park Place At Pompano Con   Perry & Wells Sub Corr   Pine Crest Amd 7-13 B   Pine Crest First   Pine Crest First Add 7-34   Pine Tree Park 2 71-30 B   Pinecrest Acres 33-17 B   Pinecrest Acres-resub Of Porti   Pinehurst 513 B   Pinewood Heights 23-23 B   Pompano   Pompano Bch Commy   Pompano Terrace   Saxons Sub In Ne1/4   Scott Park   Scotts Park   Scotts Park First Add 23-   Smoaks Add To Pompano   Snug Harbor   Snug Harbor Sec One   Snug Harbor Sec Three 42-   Snug Harbor Sec Two 39-38   Tod Acres Country Club Se   Triangle Add To Pompano   Vera Villas 1st Sec   Vera Villas 2nd Sec 48-47   Virginian Apartments   Waterview Estates 46-26 B   Waterview Lodge Co-op   Waverly Place Amd   Westfield Sec B Resub Por  
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