404 NE 4th Street, Pompano Beach, FL 33060 — MLS photo

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404 NE 4th Street, Pompano Beach, FL 33060

Active · Duplex

$669,500

404 NE 4th Street, Pompano Beach, FL 33060

Beds
—
Baths
0
Living area
1,632 sq ft
$ / sq ft
$410/sq ft
Year built
1971
Lot size
—
HOA fee
—
Annual tax
$8,128

About this property

Owner Financing Available! This Large Duplex Features Two Spacious Units, Each Offering 3 Bedrooms And 1 Bath. Situated In The Heart Of Pompano Beach, Just Minutes From The Sandy Beaches & Shopping, A True Money Maker With Tremendous Potential For Growth. Current Gross Totals $55,488 Annually, Both Units Are Nicely Updated With Newer Air Conditioning Systems (1–2 Years), Washer/Dryer Hookups, Separate Electric/Water Meters & Hurricane Shutters Already Installed. Property Was Recently Painted & Unit A Has Newly Renovated Bathrooms. Potential Gross Rent $67,200 Annual Expenses: Lawn Care $600, Insurance $3,100,Taxes $8,632, And Water $1,200, Potential Net Income $53,668. All Information Provided, Boundary Lines Included Is Deemed Reliable But Not Guaranteed & Should Be Verified By The Buyer.

Property location

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404 NE 4th Street, Pompano Beach, FL 33060

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Facts & features

Interior

Bathrooms
0
Living area
1,632 sq ft
Flooring
Tile
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Duplex
Year built
1971
Stories
1
Roof
Composition, Shingle
Construction
Block, Pre Cast Concrete
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$8,128
Subdivision
HINSON ADD
County
Broward
Days on market
363
MLS listing ID
F10526635
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$59

Cap rate
5.8%
Net yield
5.8%
Cash-on-cash return
0.4%
Gross yield
8.6%
Mortgage payment
$3,174/mo
Down payment
$167,375
Loan amount
$502,125
Annual NOI
$38,798

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.