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Active Income/MultiFamily
$4,500,000
3111 NW 3rd Ave # 24, Pompano Beach FL 33064, Pompano Beach, FL 33064
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1974
Year Built

About This Property

Olive Glenn Villas, located across six properties at 3111 NW 3 Ave, 3109 NW 3 Ave, 3107 NW 4 Ave, 3105 NW 4 Ave, 3007 NW 3 Ave, and 3108 NW 3 Ave, Pompano Beach, FL 33064, presents an opportunity to acquire a 24-unit multifamily portfolio consisting of 12 two-bedroom/two-bathroom units and 12 one-bedroom/one-bathroom units. The portfolio features approximately 18,667 SF of building area on a combined 59,636 SF of land, with spacious unit layouts, central A/C, new electrical breakers, and two parking spaces per unit. The properties currently generate approximately $402,646 in Gross Operating Income, offering investors a strong in-place income stream with potential for further upside. The portfolio can also be purchased together with the adjacent 22-unit Olive Glenn Apartments at 301 NW 32 Ct, creating an opportunity to acquire a combined 46-unit multifamily portfolio with multiple properties located next to each other. Strategically located just minutes from I-95 and Atlantic Boulevard, Olive Glenn Villas provides convenient access to Downtown Pompano Beach, major retail corridors, employment centers, and the Pompano Beach waterfront, supporting continued rental demand and long-term growth in the surrounding market.

Property Details

Property Type Income/MultiFamily
Days on Market 7 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community —
Pets Allowed

Assigned Schools

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School Grades Report Card
C. Robert Markham Elementary
Elementary
PK–05
Crystal Lake Middle
Middle
6–8
Blanche Ely High
High School
9–12

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Broward County Public Schools's official locator to confirm.

Location

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D
Dayron Crespo
Broker

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