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301 NW 32nd Ct
Pompano Beach, FL 33064 Outer Pompano Beach/Deerfield Beach

$4,000,000 USD

Apartments For Sale • 173,937 SF

Property Details

Property Type Apartments
Total Building Size 16,679 SF
Lot Size 1 AC
Building Class C
Year Built 1979
Cap Rate 6.82 %
Zoning RM-16, County

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Strong In-Place Income: Approximately $396,318 in current Gross Operating Income, with $272,725 NOI, representing a 6.82% cap rate.
                            
                                Oversized Unit Mix: 10 spacious 2-bedroom/2-bath units, 11 1-bedroom/1-bath units, and 1 studio
                            
                                Large Land Component: Approximately 43,552 SF lot with 16,679 SF of building area.
                            
                                46-Unit Portfolio Opportunity: Can be acquired with the adjacent 24-unit properties (fourplexes) to create a combined 46-unit portfolio.
                            
                                Property Upgrades: Central A/C, new electrical breakers, 2 parking spaces per unit, and recently completed 40-year recertification.
                            
                                Prime Pompano Location: Minutes from I-95, Atlantic Boulevard, Downtown Pompano, and the waterfront.

Property Flyers

Olive Glenn Apartments OM-E LEVI-

Financial Summary (Actual)

Net Operating Income: $250,932 USD (2025)

Cap Rate:	6.82 %
Total Expenses:	$145,386 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Red White & Blue - 301 NW 32nd

Amenities

24 Hour Access
Air Conditioning
Balcony
Cable Ready
Controlled Access
Clubhouse
Dishwasher
Microwave
Playground
Tennis Court
Ceiling Fans
Kitchen
Granite Countertops
Refrigerator
Oven
Stainless Steel Appliances
Range
Carpet

Public Transportation

Commuter Rail	Drive	Walk	Distance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	6 min	20 min	1.1 mi
Deerfield Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	11 min	-	5.2 mi
Transit/Subway	Drive	Walk	Distance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	6 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	26 min	-	17.7 mi
Palm Beach International	43 min	-	32.7 mi
Miami International	63 min	-	42.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	44
Type:	Surface
Included in Rent:	Yes

Elior Levi 954-743-7594 Fausto Commercial Realty Consultants

301 NW 32nd Ct Pompano Beach, FL 33064 Outer Pompano Beach/Deerfield Beach