6124 PEMBROKE RD #1-8, Miramar
$1,400,000 USD
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| Address | 6124 PEMBROKE RD #1-8, Miramar |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Price | $1,400,000 |
| Property Status | Active |
| MLS Number | A11927941 |
| Property Size | 9229 |
| Lot Size | 9229 |
| Year Built | 1975 |
| Folio Number | 514124160270 |
| Zoning Information | ML |
| Days on Market | 98 |
Detailed 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.
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Address Information
| State | Florida |
| City | Miramar |
| County | Broward County |
| Zip Code | 33023 |
| Address | 6124 PEMBROKE RD |
| Section | 24 |
| Zip Code (4 Digits) | 2214 |
Financial Information
| Price | $1,400,000 |
| Price per Foot | $0 |
| Folio Number | 514124160270 |
| Tax Amount | $25,560 |
| Tax Year | 2025 |
Full Descriptions
| Detailed 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. |
| Water Description | Public |
| Sewer Description | Public Sanitation |
Property parameters
| Living Area | 9229 |
| Lot Size | 9229 |
| Total Acreage | 0.000 |
| Zoning Information | ML |
| Maximum Leasable Size | 9229 |
| Year Built | 1975 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Listed with | Fausto Commercial Realty Consultants Inc |