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404 NE 4th St - Pompano Beach Duplex 2 Unit Apartment Building Offered at $959,286 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 |
$93,426
|
$54.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,426
|
$54.25
|
| Taxes |
$12,001
|
$6.97
|
| Operating Expenses |
$6,812
|
$3.96
|
| Total Expenses |
$18,813
|
$10.93
|
| Net Operating Income |
$74,613
|
$43.33
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $93,426 |
| Annual Per SF | $54.25 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $93,426 |
| Annual Per SF | $54.25 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,001 |
| Annual Per SF | $6.97 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,812 |
| Annual Per SF | $3.96 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,813 |
| Annual Per SF | $10.93 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $74,613 |
| Annual Per SF | $43.33 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | $85,285 CAD | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 48-42-35-18-0080 | Total Assessment | $554,660 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Annual Taxes | $12,001 CAD ($6.97 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
$554,660 CAD (2026)
Annual Taxes
$12,001 CAD ($6.97 CAD/SF)
Tax Year
2025
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404 NE 4th St - Pompano Beach Duplex
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