Price Reduced 3.57%
Price History
$1,400,000
12/25/2025
$1,350,000
1/20/2026
6124 Pembroke Rd, Miramar, FL, 33023
1975
Fourplex
3,670 sqft
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.
Status:
Active
Type:
Multi-family
Zoning:
ML
Subdivision:
WELWYN MANOR
Heating:
Zoned
Cooling:
Zoned
Parking:
8-car
Est. Taxes:
$25,560
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
26
Pool:
None
MLS #:
A11927967
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373