Price Reduced 3.57%

$1,350,000 ($367.85 per sqft)

Est. Mortgage $6,738/mo *

Quick Pre-Approval

Price History

$1,400,000
12/25/2025

$1,350,000
1/20/2026


6124 Pembroke Rd, Miramar, FL, 33023

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



Listing courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373