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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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3111 NW 3rd Ave 1-24 , Pompano Beach, FL 33064
$4,500,000
Est. Payment: $24,023.47/mo
18667 Sqft
1.37 Acres
Status: active | Days on site: 7
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House 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.

Highlights

Listed by Elior Levi , 954-743-7594 Fausto Commercial Realty Consultants Inc , 954-743-7594. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
1.37

Year Built

1974

County

Broward

Area

3425

Listing ID

A12089473

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Interior Features

Water:Public

Exterior Features

Zoning:RM-20
Sewer:Public Sewer
Principal Interest
$24,023
Taxes
$6,614

Home Price

$4,500,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$900,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$24,023.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $24,023.47 $6,614.42 $0.00 $30,637.88
Yearly $288,281.59 $79,373.00 $0.00 $367,654.59
Total $8,648,447.80 $2,381,190.00 $0.00 $11,029,637.80

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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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.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T09:11:47.000Z

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