6124 Pembroke Rd # 8, Miramar FL 33023,Miramar,Broward County,Commercial Sale
- $1,400,000
- $1,400,000
Overview
- Income/MultiFamily
- 1975
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.
Address
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Address: Pembroke Rd
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City: Miramar
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State/county: Broward County
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Zip/Postal Code: 33023
Details
Updated on December 25, 2025 at 11:39 pm-
Property ID A11927941
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Price $1,400,000
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Year Built 1975
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Property Type Income/MultiFamily
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 3670
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LotSizeSquareFeet 9229
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StateOrProvince FL
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StreetName Pembroke Rd
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StreetNumber 6124
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