Updated Duplex with Separate
404 NE 4th Street, Pompano Beach, FL 33060
For Sale
$669,500
Residential Income, Pompano Beach, FL
Property Size1,632 SF
Price / SF$410.23
Days on Market412
Property Features for 404 NE 4th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Subdivision
Directions
Standard status
APN
Size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Amenities
washer/dryer hookups
hurricane shutters
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Fidelity Real Estate Group LLC
(954) 345-9144
Listed By:
Carlos A Montoya · License #0623048
(954) 234-7653
Added: Sep 22, 2025
Changed: Oct 31
Last Checked: Nov 7 at 7:06AM
MLS# F10526635
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.
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Investment Insights
Based on property information with market context.
This 1,632-square-foot duplex contains two residential units, each with 3 bedrooms and 1 bath. The property was recently painted, and Unit A includes newly renovated bathrooms. Both units have tile flooring, central heating and central air, washer and dryer hookups, and separate electric and water meters. Newer air conditioning systems were installed 1-2 years ago, and hurricane shutters are in place.
Located at 404 NE 4th Street in Pompano Beach, the property is minutes from the area’s beaches and shopping. The building was constructed in 1971 and includes CBS and precast concrete construction, a composition shingle roof, public sewer, cable availability, and MULTI zoning.
Located at 404 NE 4th Street in Pompano Beach, the property is minutes from the area’s beaches and shopping. The building was constructed in 1971 and includes CBS and precast concrete construction, a composition shingle roof, public sewer, cable availability, and MULTI zoning.
Key Highlights
- 1,632 SF duplex with two residential units
- Each unit includes 3 bedrooms and 1 bath
- Newer air conditioning systems installed 1‑2 years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,291
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,820
$545.8K
Cap Rate 7%
$389,871
$389.9K
Cap Rate 9%
$303,233
$303.2K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$41.1K $25.20/SF
− Vacancy
−$2.1K −$1.31/SF
EGI
$39.0K $23.89/SF
− OpEx
−$11.7K −$7.17/SF
NOI
$27.3K $16.72/SF
Area
Pompano Beach, FL
Vacancy
5.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,820
Cap Rate 7%
$389,871
Cap Rate 9%
$303,233
Alternative Uses
Best Use
Multifamily LT 5
$389.9K
$341.1K – $454.9K
NOI $27,291 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$358.1K
$313.4K – $417.8K
NOI $25,070 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$636.5K
$556.9K – $742.6K
NOI $44,554 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,814
Businesses Nearby
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Business Placement
Demographics for 33060, FL
35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Pompano Beach, FL
Properties on Market for Duplexes in Pompano Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residential units offer central air, laundry hookups, and individual electric and water metering.
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 $669,500.
What are key features of this property?
This property features: 1,632 SF duplex with two residential units; Each unit includes 3 bedrooms and 1 bath; Newer air conditioning systems installed 1‑2 years ago
