Property Details
| Asking Price | $1,350,000 |
|---|---|
| Price per SqFt | $368 |
| Maintenance fee | Inquire |
| Property Taxes | $25,560 2025 |
| Interior Space | 3,670 SqFt |
| Beds/Baths | —/— |
| Year Built | 1975 |
| Pool | No |
| MLS # | A11927967 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Home · 6124 Pembroke Road, Miramar, FL 33023
Sales history is unavailable for this property
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miramar and throughout South Florida.
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Location
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