Frank Evans - Preferred Properties Int'l Realty, Inc Logo
$1,350,000
 $7,247 est/mo Sourced by Back At You

6124 Pembroke Road,Miramar, FL 33023

Miramar, FL 33023

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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 onewithout 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.

Details

MLS #A11927967
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1975
Days On Site251
Listing Provided ByFausto Commercial Realty Consultants Inc | Elior Levi

Features

SQ Feet3,670
Story(s)1
Units2
ZoningML

Taxes

Tax Annual Amount25560

Area Information

StateFL
CountyBroward
CityMiramar
Zip Code33023
Area3190
Community NameWELWYN MANOR
Listing VS Median (in WELWYN MANOR)
Price:
$1,350,000
low | high
Med:
$3,750
100% of Average
sqft:
3,670
low | high
Med:
2,359
85.722070844687% of Average
$ / sqft:
$368
low | high
Med:
$2
100% of Average
On site:
251
low | high
Med:
9
100% of Average
Sourced by Back At You

Market Activity 33023

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Learn More About This Property

Frank Evans

Frank Evans

Preferred Properties Intl Realty Inc

BK3280715 (954) 684-6157frank@preferredpropertiesint.com
StateFL
CountyBroward
CityMiramar
Zip Code33023
Area3190
Community NameWELWYN MANOR
Listing VS Median (in WELWYN MANOR)
Price:
$1,350,000
low | high
Med:
$3,750
100% of Average
sqft:
3,670
low | high
Med:
2,359
85.722070844687% of Average
$ / sqft:
$368
low | high
Med:
$2
100% of Average
On site:
251
low | high
Med:
9
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.12M - $1.687M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
6124 Pembroke Road 1-8 Property Photo 1
$1,350,000
6124 Pembroke Road 1-8
Miramar, FL 33023
6124 Pembroke Rd 1-8 Property Photo 1
$1,350,000
6124 Pembroke Rd 1-8
Miramar, FL 33023
6151 Pembroke Rd Property Photo 1
$6,500
6151 Pembroke Rd
Hollywood, FL 33023
6151 Pembroke Road Property Photo 1
$6,500
6151 Pembroke Road
Hollywood, FL 33023
Listing Updated: July 28, 2026 at 8:45:35 PM PDT

Frank Evans - Preferred Properties Int'l Realty, Inc