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301 NW 32nd Court 1-46, Pompano Beach, FL 33064

New Listing

$8,500,000

Property Type: Commercial Sale Square Footage: 35,346 Status: Active

Current Price: $8,500,000 List Date: 8/28/2026 Last Modified: 8/28/2026

Overview

Description

Fausto Commercial is pleased to present Olive Glenn Apartments, a 46-unit multifamily investment opportunity in Pompano Beach, Florida. The offering consists of a 22-unit two-story apartment building located at 301 NW 32 Ct, together with six adjacent fourplex villa-style buildings located at 3111, 3109, 3107, 3105, 3007, and 3108 NW 3 Ave.The property includes a balanced unit mix of 1 studio, 23 one-bedroom / one-bath units, and 22 two-bedroom / two-bath units, with many units featuring oversized layouts that support strong tenant appeal.The asset is currently operating at an in-place 6.14% cap rate with eight vacant units, creating a clear near-term value-add opportunity. Upon leasing the vacant units, the property is projected to reach approximately an 8.08% cap rate with pro forma gross operating income of approximately $1,008,000.With multiple buildings positioned largely adjacent to one another, Olive Glenn Apartments benefits from operational efficiency, on-site management pract ... (Read more)

Listing Details MLS# A12074813

General Property Information

Property Sub Type: Multi Family
Occupant Type: Call Listing Agent
Building Area Main: 35346
Year Built: 1975
Lot Size Area: 103188
Lot Size Acres: 2.37

Property Features

Heating: Central Building Possession: Negotiable Cooling: Central Building Listing Terms: Cash; Conventional; Other Sewer: Public Sewer Water Source: Public Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 8500000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 301
Street Direction Prefix: NW
Street Name: 32nd
Street Suffix: Court
Unit Number: 1-46
City Name: Pompano Beach
State Or Province: FL
Postal Code: 33064
Postal Code +4: 2900
Area: 3425
Geographic Area: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Parcel Number: 484223200010
Subdivision Number: 20
Multiple Offers Accepted: Yes
Zoning: RM-20
Flood Zone: X

Financial Information

Tax Legal Description: LOCH LOMOND SEC 3 78-46 B LOT 1,2,3 E 50.88 BLK 1

Status Change Information

Major Change Timestamp: 2026-08-28T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-28

More Information

Price Calculations

Current Price To SqFt: 240.47

Section Details

Parcel Number MLX: 0010

Originating Details

Originating System Key: 556525754
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Heating

Central Building: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Water Source

Public: Yes

Cooling

Central Building: Yes

Showing Requirements

Call Listing Agent: Yes

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: August - 28 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

301 NW 32nd Court 1-46, Pompano Beach, FL 33064 (MLS# A12074813)