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6124 Pembroke Rd, Miramar, FL 33023
Offering:
For Sale
Location:
Miramar, FL 33023
Subdivision:
WELWYN MANOR
Status:
Active
$1,350,000
Deemed reliable but not guaranteed.
Details
Year built:
1975
Levels:
One
Stories:
1
Parking:
8 spaces
Style:
Fourplex
Days on market:
274
Annual tax (2025):
$25,560
Type:
Quadruplex
MLS ID
A11927967
Virtual tour:
Listed by:
Fausto Commercial Realty Consultants Inc (FAUS01)
Listing office phone:
786-748-7373
Listing office email:
Listing agent:
Elior Levi (3574869)
Features
Utilities
Available:
Cable Available
Sewer:
Public Sewer
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.
Price history
$1,400,000 → $1,350,000
·
Reduced by
$50,000 (3.6%) · 2 price changes
Location
6124 Pembroke RdMiramar, FL 33023
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MLS information
Last updated Sep 25, 2026
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