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3109 NW 3rd Ave
Pompano Beach, FL 33064 Outer Pompano Beach/Deerfield Beach

$4,500,000 USD

Multifamily For Sale • 18,667 SF

Property Details

Property Type Multifamily
Total Building Size 18,667 SF
Lot Size 3.01 AC
Year Built 1974
Cap Rate 5.74 %
Zoning RM-20

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Strong In-Place Income: Approximately $402,646 in current Gross Operating Income.
                            
                                Balanced Unit Mix: 12 two-bedroom/two-bath and 12 one-bedroom/one-bath units.
                            
                                Large Land Component: Approximately 59,636 SF of combined land across six properties.
                            
                                46-Unit Portfolio Opportunity: Can be combined with the adjacent 22-unit property for greater scale.
                            
                                Multifamily Scale Opportunity: Six properties provide an opportunity to assemble a larger Pompano Beach footprint.
                            
                                Prime Pompano Location: Minutes from I-95, Atlantic Boulevard, Downtown Pompano, and the waterfront.

Financial Summary (Actual)

Net Operating Income: $258,268 USD (2025)

Cap Rate:	5.74 %
Total Expenses:	$144,378 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Pompano Beach Station (Mangonia Park - Miami Airport - Tri-Rail)	3 min	18 min	0.9 mi
Deerfield Beach Amtrak Station (Floridian - Amtrak, Mangonia Park - Miami Airport - Amtrak, Silver Meteor - Amtrak)	9 min	-	4.9 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	25 min	-	17.6 mi
Palm Beach International	42 min	-	32.6 mi

Elior Levi 954-743-7594 Fausto Commercial Realty Consultants

3109 NW 3rd Ave Pompano Beach, FL 33064 Outer Pompano Beach/Deerfield Beach