6124 Pembroke Rd ,Detached, Quadruplex, Welwyn Manor for Sale

6124 Pembroke Rd for Sale

Price $1,400,000.00

• Lot size 3670
• Year Build 1975
• Waterfront
• Zip 33023
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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

Less Than 1/4 Acre Lot

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,Stories:1,Tax Year:2025,Flooring:1:Tile,2:Vinyl,Latitude:25.9950565,Cooling Y N:1,Heating Y N:1,List Price:1400000,Listing Id:A11927967,Longitude:-80.2106178,Mls Status:Active,Year Built:1975,Living Area:3670,Postal Code:33023,Street Name:Pembroke Rd,Coordinates:1:25.9950565,Photos Count:20,Building Name:WELWYN MANOR,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3100,M L S Area Major:Welwyn Manor,On Market Date:2025-12-25,Parcel Number:514124160270,Parking Total:8,Property Type:Residential Income,Rent Includes:1:Gardener,2:Other Rent Incl,3:Pest Control,4:Sewer,5:Water,Stories Total:1,Street Number:6124,M I A M I R E_ Style:Fourplex,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.,Structure Type:1:Fourplex,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:Quadruplex,State Or Province:FL,Subdivision Name:WELWYN MANOR,Tax Annual Amount:25560,Unparsed Address:6124 Pembroke Rd, Miramar FL 33023,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Year Built Details:Resale,Building Area Total:3670,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:381.4714,Original List Price:1400000,Public Survey Range:51,Documents Available:1:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:8,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,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3670,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_ Separate Meter Y N:1,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,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:2,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,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:381.47,Internet Automated Valuation Display Y N:1,