BEDS0
BATHS
SQUARE FEET3,670
MLS#A11927967
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWELWYN MANOR
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Zoned
Heating: Zoned
Home Style: Detached
Roof Type: Built-Up
Stories: 1.0
Taxes: $25,560
Year Built: 1975
Feature Descriptions
Crops Included Y/N: No
Days on Site: 191
Exterior: Concrete Block Construction, CBS Construction
Flooring: Other, Tile, Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, Owner Will Carry
Lot: Less Than 1/4 Acre Lot
Parcel#: 514124160270
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Units: 8
Listed By / Shown By
Listed By
Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 786-748-7373
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 5,528.26 per month $3,004.51 Principal & Interest $2,130.00 Property Tax $393.75 Homeowner's Insurance
6124 Pembroke Rd | MLS# A11927967
This multi-family property located at 6124 Pembroke Rd, Miramar, FL 33023 is currently listed for sale with an asking price of $1,350,000. Search Miramar real estate on www.realty100.com today.