
$4,000,000
Commercial for Sale, 301 NW 32nd Ct 1-22, Pompano Beach, Florida 33064
- MLS#A12074813
Listed By Fausto Commercial Realty Consultants Inc
The Commercial Property for Sale located at 301 NW 32nd Ct 1-22, Pompano Beach, Florida 33064 is currently for sale.
Description
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.
Location
301 NW 32nd Ct 1-22, Pompano Beach, Florida 33064
Property features
Lot/Land
- Land/Lot size:
4,046 m² (43,552 ft²)
Construction
- Year built: 1975
Heating and Cooling
- Heating System: Central (building)
- Cooling System: Central AC
Utilities
- Other utilities: Public