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3111 3rd Ave 1-24, Pompano Beach, FL 33064
Offering:
For Sale
Location:
Pompano Beach, FL 33064
Status:
Active
$4,500,000
Deemed reliable but not guaranteed.
Details
Year built:
1974
Lot size:
59,636 sq ft
Levels:
One
Stories:
1
Days on market:
7
Annual tax (2025):
$79,373
Type:
Multi-family
MLS ID
A12089473
Virtual tour:
Listed by:
Fausto Commercial Realty Consultants Inc (FAUS01)
Listing office phone:
954-743-7594
Listing office email:
Listing agent:
Elior Levi (3574869)
Utilities
Water source:
Public
Sewer:
Public Sewer
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.
Price history
$4,500,000 → $4,500,000
· 1 price changes
Location
3111 NW 3rd Ave 1-24Pompano Beach, FL 33064
Similar Properties Nearby
Pompano Beach
301 NW 32nd Ct 1-22
MLS #A12074813 · Fausto Commercial Realty Consultants Inc
$4,000,000
Similar Properties in Other Cities
Area
2,903 sq ft
Area
3,674 sq ft
MLS information
Last updated Sep 22, 2026
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