BreakThru Realty

3111 NW 3rd Avenue 1-24, Pompano Beach, FL 33064

$4,500,000 · $241 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $4,500,000
  • Price per sq ft: $241
  • Building size: 18,667 sq ft
  • Lot size: 1.37 acres
  • Zoning: RM-20
  • Year built: 1974
  • Units: 2
  • Buildings: 6
  • Parcel ID: 484223200100
  • MLS#: A12089473
Photo 1 at 3111 NW 3rd Avenue 1-24, Pompano BeachPhoto 2 at 3111 NW 3rd Avenue 1-24, Pompano BeachPhoto 3 at 3111 NW 3rd Avenue 1-24, Pompano BeachPhoto 4 at 3111 NW 3rd Avenue 1-24, Pompano BeachPhoto 5 at 3111 NW 3rd Avenue 1-24, Pompano BeachPhoto 6 at 3111 NW 3rd Avenue 1-24, Pompano BeachPhoto 7 at 3111 NW 3rd Avenue 1-24, Pompano BeachPhoto 8 at 3111 NW 3rd Avenue 1-24, Pompano Beach

About this property

Olive Glenn Villas, located across six properties 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, Pompano Beach, FL 33064, presents an opportunity to acquire a 24-unit multifamily portfolio consisting of 12 two-bedroom/two-bathroom units and 12 one-bedroom/one-bathroom units. The portfolio features approximately 18,667 SF of building area on a combined 59,636 SF of land, with spacious unit layouts, central A/C, new electrical breakers, and two parking spaces per unit. The properties currently generate approximately $402,646 in Gross Operating Income, offering investors a strong in-place income stream with potential for further upside. The portfolio can also be purchased together with the adjacent 22-unit Olive Glenn Apartments at 301 NW 32 Ct, creating an opportunity to acquire a combined 46-unit multifamily portfolio with multiple properties located next to each other. Strategically located just minutes from I-95 and Atlantic Boulevard, Olive Glenn Villas 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.

Rent Roll

Unit typeUnitsBeds / bathsSizeRent per unitPro forma
2 Bedroom122 / ——$175/mo—
1 Bedroom121 / ——$150/mo—

24 units. Reported rent $46,800 a year ($3,900 a month).

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Property taxes$79,373/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Elior Levi

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 3111 NW 3rd Avenue 1-24 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 3111 NW 3rd Avenue 1-24

How much is 3111 NW 3rd Avenue 1-24?
3111 NW 3rd Avenue 1-24 is listed at $4,500,000, about $241 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 3111 NW 3rd Avenue 1-24 zoned?
The listing reports zoning of RM-20. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 3111 NW 3rd Avenue 1-24?
The listing reports 18,667 square feet of building.
When was 3111 NW 3rd Avenue 1-24 built?
3111 NW 3rd Avenue 1-24 was built in 1974. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 3111 NW 3rd Avenue 1-24?
The listing reports annual property taxes of $79,373 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 3111 NW 3rd Avenue 1-24?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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