Property 6124 Pembroke Road 1-8, Miramar, FL 33023 for sale with MLS# A11927941
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.
6124 Pembroke Road 1-8, Miramar, FL 33023
- Price:
- $1,350,000.00
- Original List Price:
- $1,400,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $367.84
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 3, 2026 3:39 pm
- Built-Up Area:
- 3,670 Sqft
- Lot Size Acres:
- 0.21
- Year Built:
- 1975
- Number of Units Total:
- 2
- Flood Zone Code:
- X
- Tax Annual Amount:
- $25,560.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner Will Carry Points, Other
- 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
- Real Estate Folio Number (Parcel Number):
- 514124160270
- Zoning:
- ML
- Active on the market since:
- December 25, 2025
- Listing Agreement executed on:
- December 25, 2025
- Price change occurred on:
- August 3, 2026 3:39 pm
- Listing Status Last Changed On:
- December 25, 2025 5:31 pm
- Photos updated on:
- August 3, 2026 2:44 pm
- Last Modified:
- August 3, 2026 2:44 pm
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- Pembroke
- Street Number:
- 6124
- Unit Number:
- 1-8
- City:
- Miramar
- State:
- Florida
- Zip Code:
- 33023
- County:
- Broward
- Latitude:
- N25° 59' 42.3''
- Longitude:
- W81° 47' 21.6''
- Street Suffix:
- Road

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