6124 Pembroke Rd, Miramar FL 33023,Miramar,Broward County,Residential Income
Overview
- Quadruplex
- 3670
- 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
Open on Google Maps- Address Pembroke Rd
- City Miramar
- State/county Broward County
- Zip/Postal Code 33023
Details
Updated on December 25, 2025 at 11:39 pm- Property ID: A11927967
- Price: $1,400,000
- Property Size: 3670 Square Feet
- Year Built: 1975
- Property Type: Quadruplex
- Property Status: Residential Income
Additional details
- BuildingAreaTotal: 3670
- BuildingName: WELWYN MANOR
- Cooling: Zoned
- Heating: Zoned
- LotSizeSquareFeet: 0
- MLSAreaMajor: Welwyn Manor
- StateOrProvince: FL
- StreetName: Pembroke Rd
- StreetNumber: 6124
Features
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