Property 301 NW 32nd Court 1-46, Pompano Beach, FL 33064 for sale with MLS# A12074813
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.
301 NW 32nd Court 1-46, Pompano Beach, FL 33064
- Price:
- $8,500,000.00
- Original List Price:
- $8,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $240.47
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 28, 2026 4:00 am
- Built-Up Area:
- 0.81 Acre
- Lot Size Acres:
- 2.37
- Air Conditioning
- Air Conditioning System:
- Central Building
- Heating
- Heating System:
- Central Building
- Year Built:
- 1975
- Flood Zone Code:
- X
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- LOCH LOMOND SEC 3 78-46 B LOT 1,2,3 E 50.88 BLK 1
- Real Estate Folio Number (Parcel Number):
- 484223200010
- Zoning:
- RM-20
- Active on the market since:
- August 28, 2026
- Listing Agreement executed on:
- August 28, 2026
- Listing Status Last Changed On:
- August 28, 2026 4:00 am
- Photos updated on:
- August 28, 2026 10:00 am
- Last Modified:
- August 28, 2026 10:01 am
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- 32nd
- Street Number:
- 301
- Unit Number:
- 1-46
- City:
- Pompano Beach
- State:
- Florida
- Zip Code:
- 33064
- County:
- Broward
- Latitude:
- N26° 16' 16.2''
- Longitude:
- W81° 52' 17.8''
- Street Suffix:
- Court
- Street Direction Prefix:
- NW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 301 NW 32nd Court 1-46, Pompano Beach, FL 33064
