Active For Sale
3111 NW3rdAvenue, Pompano Beach, FL 33064
3111 NW 3rd Avenue, Pompano Beach, FL 33064
  • $4,500,000

Overview

Property ID: HZA12089473
  • Multi Family, Commercial Sale
  • Property Type
  • 18667
  • Sqft
  • 1974
  • Year Built

Description

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.

  • Address 3111 NW 3rd Avenue
  • City Pompano Beach
  • State/county FL
  • Zip/Postal Code 33064
  • Area Broward

Details

Updated on October 31, 2026 at 1:33 pm
  • Property ID: HZA12089473
  • Price: $4,500,000
  • Property Size: 18667 Sqft
  • Land Area: 1.37 Acres
  • Garage Size: x x
  • Year Built: 1974
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Sewer: Public Sewer
  • County: Broward
  • Property Type: Commercial Sale

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