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About This Listing

Exceptional Multi-Family Investment Opportunity in Booming Pompano Beach!

Discover a remarkable chance to own a multi-family property at 2251 NW 4th St, situated in the rapidly developing city of Pompano Beach, Florida. Built in 1976, this substantial 1,560 sqft multi-family residence features 4 bedrooms and 2 bathrooms, offering significant income potential or a versatile living arrangement.

This property, with its four bedrooms and two bathrooms spread across 1,560 sqft, presents a robust investment in a market poised for growth. As a multi-family dwelling, it provides the opportunity for rental income, making it attractive to investors or owner-occupants looking to offset their mortgage with rental units. While specific unit configurations are not detailed, the generous square footage suggests comfortable living spaces for tenants. Properties of this era often offer durable construction and good bones, providing a solid foundation for any desired updates or renovations.

With an estimated refinance payment of $3,007/mo, and an incredibly competitive asking price of $100,000, this property stands out as an exceptional value proposition. It’s important for prospective buyers to verify all financial details and consult with a lender, as the listed price is significantly lower than typical market values for multi-family homes of this size and location in Pompano Beach. However, if accurate, this pricing offers an extraordinary chance for immediate equity and a strong return on investment.

Pompano Beach is undergoing a significant transformation, making it a highly attractive location for both residents and investors:

  • Strategic Location: Nestled on Florida’s “Gold Coast” in Broward County, Pompano Beach offers easy access to major highways (I-95, Florida’s Turnpike) and is conveniently located between Fort Lauderdale (about 12 miles south) and Boca Raton (about 12 miles north). Miami is also within an hour’s drive.
  • Massive Redevelopment & Growth: The city is in the midst of a $2 billion downtown makeover, including new waterfront walkways, modern retail spaces, residential towers, and significant investment in public infrastructure. This ongoing transformation is enhancing property values and creating a more vibrant, walkable, and livable city center.
  • Beautiful Beaches & Coastal Lifestyle: Enjoy miles of pristine, uncrowded beaches, the iconic Fisher Family Pier, and a wide array of water activities including swimming, sunbathing, surfing, world-class diving (known as the “Wreck Capital of the World”), and fishing in the warm waters of the Gulf Stream.
  • Vibrant Arts & Culture: The city boasts a thriving arts scene with venues like the Pompano Beach Cultural Center, Bailey Contemporary Arts Center, and the Pompano Beach Amphitheater (“The Amp”) hosting concerts and events. The historic McNab House is also being transformed into a public space.
  • Community Amenities: Pompano Beach offers numerous parks (e.g., Pompano Community Park with its golf course and equestrian park), diverse dining experiences, and a welcoming community spirit.
  • Improving Market Conditions: As of May 2025, Pompano Beach is generally a “Buyer’s Market,” with homes selling on average 4.5% below asking price and spending around 85-108 days on the market. While the median listing price for all homes was around $369.9K in May 2025, multi-family homes in the area typically range from $400,000 to well over $1 million, underscoring the exceptional nature of this listed price. Experts predict a rebound in the overall housing market for 2025 and 2026, with moderate price increases.

This multi-family property at 2251 NW 4th St offers an unparalleled opportunity for substantial returns in a city rapidly ascending as a premier South Florida destination. Whether you’re looking for an income-generating asset or a spacious home with rental potential, this is an offering not to be missed.

Given the exceptional price, this opportunity is poised to move quickly!

Contact us today to arrange your private showing and explore the immense potential of this Pompano Beach gem!

Details

  • Property Id:14459
  • Area Size:1560 ft2
  • Bedrooms:4
  • Bathrooms:2
  • Date:June 13, 2025
  • Type:Sell

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