$1,400,000152 days on marketActive

6124 Pembroke Road 18, Miramar, FL 33023

Miramar, FL 33023

Sq Ft

1975

Year Built

0.21 acres

Lot Size

Listing Snapshot

List Price	$1,400,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.21 acres

Year Built	1975
Property Tax	$25,560/yr
MLS #	1149838502
Status	Active
Days on Market	152

About This Home

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.