About this property
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.
Listing information is provided by the MIAMI Association of REALTORS® MLS and is deemed reliable but not guaranteed. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. RLC Realty Co. is not responsible for errors or omissions.