3109 4Th Ave Pompano Beach, FL 33064
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.