851 NW 4th Ave Pompano Beach, FL 33060
Blanche Ely NeighborhoodEstimated payment $5,242/month
Highlights
- No HOA
- Porch
- Zoned Cooling
- Balcony
- Ceramic Tile Flooring
- No Heating
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,397
Year Built
- Built in 1956
Home Design
- Quadruplex
Interior Spaces
- 1,296 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
Outdoor Features
- Balcony
- Porch
Schools
- Pompano Beach Elementary And Middle School
- Blanche Ely High School
Utilities
- Zoned Cooling
- No Heating
- Separate Meters
- Cable TV Not Available
Community Details
- No Home Owners Association
- 4 Units
- Pompano Subdivision
Listing and Financial Details
- Assessor Parcel Number 484235010483
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,498 | $431,190 | $31,190 | $400,000 |
| 2025 | $7,397 | $227,760 | ||
| 2024 | $7,076 | $227,760 | ||
| 2023 | $7,076 | $188,240 | $0 | $0 |
| 2022 | $6,297 | $171,130 | $0 | $0 |
| 2021 | $5,727 | $155,580 | $0 | $0 |
| 2020 | $5,201 | $148,040 | $31,190 | $116,850 |
| 2019 | $4,917 | $128,590 | $31,190 | $97,400 |
| 2018 | $3,442 | $128,590 | $31,190 | $97,400 |
| 2017 | $2,417 | $69,210 | $0 | $0 |
| 2016 | $2,182 | $62,920 | $0 | $0 |
| 2015 | $2,037 | $57,200 | $0 | $0 |
| 2014 | $1,735 | $52,000 | $0 | $0 |
| 2013 | -- | $62,380 | $31,190 | $31,190 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2026 04/14/26 | Price Changed | $849,000 | -5.6% | $655 / Sq Ft | |
| 02/06/2026 02/06/26 | For Sale | $899,000 | +83.5% | $694 / Sq Ft | |
| 06/12/2025 06/12/25 | Sold | $490,000 | -14.8% | $378 / Sq Ft | View Prior Sale |
| 05/05/2025 05/05/25 | Pending | -- | -- | -- | |
| 02/20/2025 02/20/25 | Price Changed | $575,000 | -4.2% | $444 / Sq Ft | |
| 01/12/2025 01/12/25 | For Sale | $600,000 | -- | $463 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $490,000 | Palmetto Harbor Title | |
| Deed | $100 | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10550811
APN: 48-42-35-01-0483
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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