For Sale
$850,000

3109 4Th Ave Pompano Beach, FL 33064

Fully Leased, High-Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
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.

Highlights

  • $850,000 asking price.
  • Fourplex apartment building in Pompano Beach, FL.
  • Located at 3109 NW 4th Ave, Pompano Beach, FL 33064.
  • Built in 1974.
  • Fully leased with excellent tenants providing great income.
  • Low HOA fees of $252/month for all units, including pool access.

Property Details for 3109 4Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1974

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2704023
Longitude
-80.1289691

FAQs

What type of property is this?
Apartment building - Fully Leased, High-Income Potential
Where is the apartment building located?
The property is located at 3109 4Th Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price.; Fourplex apartment building in Pompano Beach, FL.; Located at 3109 NW 4th Ave, Pompano Beach, FL 33064.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3109 4Th Ave
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