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$4,500,000
27 Days On Site

3111 NW 3rd Ave 1-24
Pompano Beach, FL 33064

For Sale|Multi Family|Active
0
Beds
0
Total Baths
18,667
SqFt
$241
/SqFt
1974
Built
County:
Broward

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3111 NW 3rd Ave 1-243111 NW 3rd Ave 1-243111 NW 3rd Ave 1-243111 NW 3rd Ave 1-24
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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.

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Listing Snapshot
Price 
$4,500,000
Days On Site 
27 Days
Bedrooms 
N/A
Inside Area (SqFt) 
18,667 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.3691 Acres
Year Built 
1974
MLS® Number 
A12089473
Status 
Active
Property Tax 
$79,373
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active
3 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $4,500,000
4 weeks agoListing first seen on site
General Features
Levels 
One
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
18667
Water Source 
Public
Zoning 
RM-20
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Community Features
MLS Area 
3425
Listing courtesy of Fausto Commercial Realty Consultants Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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