301 NW 32nd Ct # 46, Pompano Beach FL 33064

Commercial For Sale

$8,500,000

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1 days

For Sale

Commercial

0 room(s) •

Overview

Fausto Commercial is pleased to present Olive Glenn Apartments, a 46-unit multifamily investment opportunity in Pompano Beach, Florida. The offering consists of a 22-unit two-story apartment building located at 301 NW 32 Ct, together with six adjacent fourplex villa-style buildings located at 3111, 3109, 3107, 3105, 3007, and 3108 NW 3 Ave. The property includes a balanced unit mix of 1 studio, 23 one-bedroom / one-bath units, and 22 two-bedroom / two-bath units, with many units featuring oversized layouts that support strong tenant appeal. The asset is currently operating at an in-place 6.14% cap rate with eight vacant units, creating a clear near-term value-add opportunity. Upon leasing the vacant units, the property is projected to reach approximately an 8.08% cap rate with pro forma gross operating income of approximately $1,008,000. With multiple buildings positioned largely adjacent to one another, Olive Glenn Apartments benefits from operational efficiency, on-site management practicality, and the diversification advantages of a multi-building portfolio. The villa-style fourplex configuration also creates a more residential feel that can support tenant retention and long-term stability.

Location

Florida • Pompano Beach • 33064 • Commercial • For Sale

Details

Type:

Commercial Sale

Parking:

No Data

Year Built:

1975

Lot:

2.37 Acres

Heating:

Central Building A/C

Price/sqft:

No Data

Cooling:

Central Building A/C

HOA:

No Data

Type:

Commercial Sale

Parking:

No Data

Year Built:

1975

Lot:

2.37 Acres

Heating:

Central Building A/C

Price/sqft:

No Data

Cooling:

Central Building A/C

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

All facts and features

Heating

• Central Building A/C

Cooling

• Central Building A/C
Lot

• Lot: 2.37 Acres

Other Property Information

• Parcel Number: 484223200010

• Zoning: RM-20
Type and style

• Property Type: Commercial Sale

• Property Sub Type: Income/MultiFamily
Source details

• MLS ID: A12074813

Other facts

• Water Source: Public

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc

301 NW 32nd Ct # 46, Pompano Beach FL 33064

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