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.
- Heating System
- Cooling System
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Pompano Beach
- Zipcode:
- 33064
- Street:
- 301 Nw 32nd Ct 1-46, Pompano Beach, Florida 33064
- Longitude:
- W81° 52' 30.8''
- Latitude:
- N26° 14' 16.3''
- Building Area:
- 16,679 Sqft
- Cumulative DOM:
- 18
- DOM:
- 18
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 484223200010
- Structure Type:
- Apartment
- Virtual Tour:
- Click Here
Commercial Sale For Sale
301 Nw 32nd Ct 1-46, Pompano Beach, Florida 33064, Pompano Beach, Florida 33064
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $4,000,000
- Year Built :
- 1975
- Lot Area :
- 43,552 Sqft
- MLS # :
- A12074813
