6124 Pembroke Rd, Miramar FL 33023 — #A11927967
- $1,350,000
Description
Exceptional value-add multifamily opportunity at 6124 Pembroke Road, Miramar, FL 33023. This 8-unit property includes two 1BD/1BA apartments and six studio units, offering a versatile mix in a high-demand rental corridor. Seven of the eight tenants are on month-to-month leases, allowing immediate upside through rent adjustments or renovations. The property produces $140,520 in current annual gross income, translating to an impressive near-7% going-in cap rate from day one—without raising rents. Ideally located on highly trafficked Pembroke Road, just off 441, the asset is extremely easy to rent and centrally positioned close to major highways and essentials. Additional highlights include updated mini-split A/Cs, several renovated interiors, an on-site coin laundry room, and a large garage for storage with potential to convert into a 9th unit. Seller financing is available with very attractive terms.
This listing is courtesy of Fausto Commercial Realty Consultants Inc
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Overview
- Quadruplex
- 3670 sqft
- 1975
- A11927967
Details
Updated on July 20, 2026 at 11:15 pm-
Property ID A11927967
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Price $1,350,000
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Property Size 3670 sqft
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Year Built 1975
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Type Quadruplex
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Property Status For Sale
Address
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Address: 6124 Pembroke Rd
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City: Miramar
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State/county: Florida
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Zip/Postal Code: 33023
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Area: WELWYN MANOR
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Country: United States
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