301 Nw 32nd Court #1-22, Pompano Beach, FL

$4,000,000

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2.37

Acres

About 301 Nw 32nd Court #1-22

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.

Features of 301 Nw 32nd Court #1-22

MLS® # A12074813
Price $4,000,000
Acres 2.37
Year Built 1975
Type Commercial
Sub-Type Multi Family
Status Price Change

Community Information

Address 301 Nw 32nd Court #1-22
Area 3425
City Pompano Beach
County Broward
State FL
Zip Code 33064
HOPA No Hopa

Interior

Heating Central Building
Cooling Central Building

Additional Information

Zoning RM-20
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFausto Commercial Realty Consultants Inc

Listing Map

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