This exceptional fourplex investment property, located at 3109 NW 4th Ave, Pompano Beach, FL 33064, presents a compelling opportunity for savvy investors. Built in 1974, this property boasts a strong rental history with all units currently leased to reliable tenants. The asking price is $850,000. Situated within the Olive Glen Condominium Association, tenants enjoy access to the community swimming pool at a low monthly cost to the owner of only $252 for all four units. This significantly reduces the operational burden for the owner. Each unit is equipped with a new air conditioning system, ensuring tenant comfort and minimizing maintenance concerns. The property's location in Pompano Beach, Broward County, offers excellent access to local amenities and transportation. This is a turnkey investment opportunity with a proven track record of generating substantial rental income. The property is classified as a Multifamily, Apartment Building, Duplex/Triplex/Quadruplex. The absence of stories listed indicates a single-story building. This fully leased fourplex offers immediate cash flow and significant long-term growth potential. Don't miss this chance to acquire a high-performing asset in a desirable location.

Property type Apartment buildings

Year built 1974

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

3109 4Th Ave Pompano Beach, FL 33064

Pompano Beach metro

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Value Estimation
$18,065,000

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Value Estimation
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MOBILE HOME PARK, TRAILER PARK

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Value Estimation
$2,580,000

2,243 SF

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MOBILE HOME PARK, TRAILER PARK

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