6124 Pembroke Rd, Miramar, FL 33023
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: elior levi
Office: fausto commercial realty consultants inc786-748-7373
MLS#:A11927967
Source:SEFMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$367.85
About this home
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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Home facts
- Year built:1975
- Subdivision & Development:WELWYN MANOR
- Listing ID #:A11927967
- Updated:September 28, 2026 at 09:51 AM
Rooms and interior
- Flooring:Tile, Vinyl
- Living area:3,670 sq. ft.
Heating and cooling
- Cooling:Zoned
- Heating:Zoned
Structure and exterior
- Roof:Built-Up
- Year built:1975
- Building area:3,670 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$367.85
- Tax amount:$25,560 (2025)
Parking
- Total parking spaces:8
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