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404 NE 4th St - Pompano Beach Duplex 2 Unit Apartment Building Offered at $943,265 CAD at a 6.08% Cap Rate Pompano Beach, FL 33060
Investment Highlights
- Minutes To The Beach
- Separate Electric & Water Meters
- 3 Bed 1 Bath Units
Executive Summary
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 And Shopping, A True Money Maker With Tremendous Potential For Growth. 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. Visit www.InvestPropFL.com To View Our other Investment Properties.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$91,866
|
$53.35
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$91,866
|
$53.35
|
| Taxes |
$11,800
|
$6.85
|
| Operating Expenses |
$6,699
|
$3.89
|
| Total Expenses |
$18,499
|
$10.74
|
| Net Operating Income |
$73,367
|
$42.61
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $91,866 |
| Annual Per SF | $53.35 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $91,866 |
| Annual Per SF | $53.35 |
| Taxes (CAD) | |
|---|---|
| Annual | $11,800 |
| Annual Per SF | $6.85 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,699 |
| Annual Per SF | $3.89 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,499 |
| Annual Per SF | $10.74 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $73,367 |
| Annual Per SF | $42.61 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | $83,860 CAD | - |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 48-42-35-18-0080 | Total Assessment | $547,442 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Annual Taxes | $11,800 CAD ($6.85 CAD/SF) |
| Improvements Assessment | $0 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
48-42-35-18-0080
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$547,442 CAD (2026)
Annual Taxes
$11,800 CAD ($6.85 CAD/SF)
Tax Year
2025
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404 NE 4th St - Pompano Beach Duplex
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