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    Pompano Beach Duplex with Potential

    404 NE 4th Street Pompano Beach, FL 33060

    404 NE 4th Street, Pompano Beach, FL, 33060
    $690,000
    For Sale
    Claim this Listing
    $690,000

    MULTI_FAMILY - Pompano Beach, FL

    Property Size1,632 SF
    Price / SF$422.79
    AddedSep 22, 2025
    Days on Market297
    Last RefreshJul 15 at 7:06 am

    Property Features for 404 NE 4th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTI
    Bedrooms
    6
    Rooms
    Bedroom 2, Bathroom 2, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5
    Standard status
    Active
    APN
    484235180080
    Size
    1,632 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    HINSON ADD 2-7 PB LOT 11 BLK 1
    Tax Annual Amount
    8128

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1971
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    CBS, Pre-Cast Concrete Construction
    Roof type
    Composition, Shingle

    Listing agent Carlos A Montoya License #0623048

    Listing office Fidelity Real Estate Group LLC 10100 W Sample Road Ste.401, CORAL SPRINGS, FL

    Listing date Sep 22, 2025

    MLS# F10526635 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This duplex features two spacious units, each with 3 bedrooms and 1 bath. Located in Pompano Beach, it is situated minutes from beaches and shopping. The property has potential for growth as a source of income. Current gross totals are $55,488 annually. Both units are updated with newer air conditioning systems that are 1 to 2 years old, washer and dryer hookups, and separate electric and water meters. Hurricane shutters are installed. The property was recently painted, and Unit A has newly renovated bathrooms. Potential gross rent is $67,200. Annual expenses include $600 for lawn care, $3,100 for insurance, $8,632 for taxes, and $1,200 for water. Potential net income is $53,668. The property size is 1,632 square feet.

    Key Highlights

    • Large duplex with two spacious units; each unit offers 3 bedrooms and 1 bathroom
    • Current gross totals $55,488 annually; potential gross rent $67,200 annually
    • Potential net income $53,668 annually with estimated expenses: lawn care $600, insurance $3,100, taxes $8,632, water $1,200

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $41.1k $25.20
    − Vacancy −$2.1k −$1.31
    EGI $39.0k $23.89
    − OpEx −$11.7k −$7.17
    NOI $27.3k $16.72
    1,632 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $389.9K
    $341.1K – $454.9K (±1% cap)
    NOI $27,291 @ 7.0% cap · market cap 3.96%
    Second Best
    Apartment 5plus
    $358.1K
    $313.4K – $417.8K (±1% cap)
    NOI $25,070 @ 7.0% cap · market cap 3.63%
    Theoretical Best
    Office A
    $636.5K
    $556.9K – $742.6K (±1% cap)
    NOI $44,554 @ 7.0% cap · market cap 6.46%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Florist Dental Office (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Spacious duplex in Pompano Beach, updated units, income potential.
    Where is this duplex located?
    The property is located at 404 NE 4th Street Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: Large duplex with two spacious units; each unit offers 3 bedrooms and 1 bathroom; Current gross totals $55,488 annually; potential gross rent $67,200 annually; Potential net income $53,668 annually with estimated expenses: lawn care $600, insurance $3,100, taxes $8,632, water $1,200
    Contact an agent
    (954) 234-7653
    We can help!
    Contact an agent
    Carlos A Montoya
    Carlos A Montoya
    Real Estate License ID: 0623048
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