46-Unit Apartment Building
For Sale
$8,500,000
1-46-301 Nw 32nd Ct, Pompano Beach, FL 33064
Multibuilding apartment property with studio, one-bedroom, and two-bedroom units in Pompano Beach.
Property SizeContact for details
Days on Market12
Property Features for 1-46-301 Nw 32nd Ct
General Information
Standard status
Active
Units
Unit Mix
1 x studio, 23 x 1BR/1BA, 22 x 2BR/2BA
Multifamily Units
46
Additional Details
Cap Rate
6.14%
Building Details
Buildings
7
Listing Agency:
Fausto Commercial Realty Consultants Inc
(786) 748-7373
Listed By:
Elior Levi · License #3574869
(954) 743-7594
Source:
Exprealty
Added: Aug 28
Changed: Sep 7
Last Checked: Sep 8 at 12:56PM
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 Apartments comprises 46 units across a 22-unit, two-story apartment building at 301 NW 32 Ct and six adjacent fourplex villa-style buildings at 3111, 3109, 3107, 3105, 3007, and 3108 NW 3 Ave. The unit mix includes 1 studio, 23 one-bedroom/one-bath units, and 22 two-bedroom/two-bath units. Many apartments have oversized layouts, and the separate villa-style buildings add a residential configuration to the overall property.
The property is operating at an in-place 6.14% cap rate with eight vacant units. Leasing those units is projected to produce an approximately 8.08% cap rate. The concentration of multiple buildings in close proximity supports centralized management across the portfolio, while the mix of unit types provides varied apartment configurations within the asset.
The property is operating at an in-place 6.14% cap rate with eight vacant units. Leasing those units is projected to produce an approximately 8.08% cap rate. The concentration of multiple buildings in close proximity supports centralized management across the portfolio, while the mix of unit types provides varied apartment configurations within the asset.
Key Highlights
- 46‑unit multifamily property across 7 buildings
- Unit mix includes 1 studio, 23 one‑bedroom/one‑bath, and 22 two‑bedroom/two‑bath units
- 22‑unit, two‑story apartment building at 301 NW 32 Ct
Property Analytics
Current Use
Lease Details
46
Residential units
Location Intelligence
Trade Area within ½ mile
1,314
Businesses Nearby
Explore this area
Business Placement
Demographics for 33064, FL
62,429
Population
26,641
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
82%
High-School Grad
10.2 sq mi
ZIP Area
6,120
Density / Sq Mi
$66,269
Median Household Income
$35,090
Median Earnings
$1,689
Median Rent
$293,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Multibuilding apartment property with studio, one-bedroom, and two-bedroom units in Pompano Beach.
Where is this apartment building located?
The property is located at 1-46-301 Nw 32nd Ct Pompano Beach, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 46‑unit multifamily property across 7 buildings; Unit mix includes 1 studio, 23 one‑bedroom/one‑bath, and 22 two‑bedroom/two‑bath units; 22‑unit, two‑story apartment building at 301 NW 32 Ct
