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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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301 NW 32nd Ct 1-22 , Pompano Beach, FL 33064
$4,000,000
Est. Payment: $8,888.89/mo
0 Bed
0 Bath
16679 Sqft
Status: Active | Days on site: 18
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House Description

Olive Glenn Apartments, located at 301 NW 32 Ct, Pompano Beach, FL 33064, presents an opportunity to acquire a 22-unit multifamily property consisting entirely of two-bedroom/two-bathroom units. The property features approximately 16,679 SF of building area on a 43,552 SF lot, with each unit offering a very large, oversized layout that provides a spacious living environment highly desirable to tenants. The property currently generates approximately $396,318 in Gross Operating Income, offering investors a strong in-place income stream with potential for further upside. The property can also be purchased together with an adjacent 24-unit multifamily property, creating an opportunity to acquire a combined 46-unit portfolio with multiple properties located next to each other. Strategically located just minutes from I-95 and Atlantic Boulevard, Olive Glenn Apartments 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.

Highlights

Listed by Elior Levi , 954-743-7594 Fausto Commercial Realty Consultants Inc , 954-743-7594.

Property Type

Commercial Sale

Lot/Acreage
1

Year Built

1975

County

Broward

Area

3425

Listing ID

A12074813

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Zoning:RM-20
Sewer:Public Sewer
Principal Interest
$8,889
Taxes
$2,550

Home Price

$4,000,000

Loan Details

30 yrs
%

Down Payment

20%
$800,000
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Monthly Price:
$8,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,888.89 $2,550.00 $0.00 $11,438.89
Yearly $106,666.67 $30,600.00 $0.00 $137,266.67
Total $3,200,000.00 $918,000.00 $0.00 $4,118,000.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Pompano Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.