6124 Pembroke Rd #1-8 ,Apartments for Sale & Rent

6124 Pembroke Rd #1-8 for Sale & Rent

Price $1,400,000.00

  • Lot size 9229
  • Year Build 1975
  • Waterfront
  • Zip 33023
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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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.

WELWYN MANOR 31-2 B LOT 24 E1/2 & LOTS 25 & 26, ALL LESS PT DESC'D AS,COMM AT SE COR OF LOT 26,N 91.39 TO POB,CONT N 18.62,WLY 100.03 TO NW

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.

City:Miramar,Zoning:ML,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:25.9950565,List Price:1400000,Listing Id:A11927941,Longitude:-80.2106178,Mls Status:Active,Year Built:1975,Postal Code:33023,Street Name:Pembroke Rd,Unit Number:1-8,Coordinates:1:25.9950565,Photos Count:20,Listing Terms:1:Conventional/Refinance,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3100,On Market Date:2025-12-25,Parcel Number:514124160270,Property Type:Commercial Sale,Street Number:6124,Public Remarks: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.,County Or Parish:Broward County,Expiration Date:2026-06-09,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2214,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:25560,Unparsed Address:6124 Pembroke Rd # 8, Miramar FL 33023,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Building Area Total:3670,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:9229,M I A M I R E_ Flood Zone:X,Original List Price:1400000,Public Survey Range:51,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-12-25,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:Call Listing Agent,Street Number Numeric:6124,Tax Legal Description:WELWYN MANOR 31-2 B LOT 24 E1/2 & LOTS 25 & 26, ALL LESS PT DESC'D AS,COMM AT SE COR OF LOT 26,N 91.39 TO POB,CONT N 18.62,WLY 100.03 TO NW,M I A M I R E_ Current Price:1400000,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Hollywood Central (3070-3100),M I A M I R E_ Internet Remarks:Please visit Fausto Commercial Realty Inc.,M I A M I R E_ Parcel Number M L X:0270,M I A M I R E_ Street View Param:1$25.995079$-80.21068$333.34$13.33$1.00$nvOgevLR9I_mk2nbHF6cQw,Contract Status Change Date:2025-12-25,Internet Address Display Y N:1,Number Of Units In Community:8,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:16,M I A M I R E_ Agent Alternate Phone:954-743-7594,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:6124 Pembroke Rd 1-8,M I A M I R E_ Multiple Offers Accepted Y N:1,Internet Automated Valuation Display Y N:1,

  • Price $1,400,000.00
  • Price Change: 2025-12-09
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1975
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2025-12-09
  • Days on Market 15
  • Furnished
  • City Miramar
  • Zip 33023
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 25560
  • Taxes Year 2025