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24-Unit Multifamily Portfolio
For Sale
$4,500,000

1-24-3111 Nw 3rd Ave, Pompano Beach, FL 33441

Central A/C and parking for two vehicles per residence serve a mix of one- and two-bedroom apartments.

Property SizeContact for details
Days on Market10

Property Features for 1-24-3111 Nw 3rd Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $79,373
Listing Agency: Fausto Commercial Realty Consultants Inc
Listed By: Elior Levi · License #3574869
Source: Exprealty
Added: Sep 22 Changed: Sep 28 Last Checked: Sep 30 at 1:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty Consultants Inc

Investment Insights

Based on property information with market context.

Olive Glenn Villas comprises 24 apartments distributed across six properties in Pompano Beach. The unit mix includes 12 one-bedroom, one-bathroom residences and 12 two-bedroom, two-bathroom residences. Building area totals approximately 18,667 SF on a combined 59,636 SF of land. Property features include central A/C, new electrical breakers, and two parking spaces per unit.

The properties are 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. I-95 and Atlantic Boulevard are minutes away, with access to Downtown Pompano Beach, retail corridors, employment centers, and the waterfront. The portfolio may also be acquired with the adjacent 22-unit Olive Glenn Apartments at 301 NW 32 Ct.

Key Highlights

  • 24 apartments across six properties
  • Unit mix: 12 one‑bedroom/one‑bathroom units and 12 two‑bedroom/two‑bathroom units
  • Approximately 18, 667 SF of building area on 59, 636 SF of combined land

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Parts Store Storage Facility Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,651
Businesses Nearby

Demographics for 33441, FL

29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Central A/C and parking for two vehicles per residence serve a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 1-24-3111 Nw 3rd Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 24 apartments across six properties; Unit mix: 12 one‑bedroom/one‑bathroom units and 12 two‑bedroom/two‑bathroom units; Approximately 18, 667 SF of building area on 59, 636 SF of combined land
More about this property
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