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Roberto Guzman

roberto@lifestyleintrealty.com +1(305) 467-5520

$ 1,350,000

Est. payment | -/mo

3,670 SqFt

Save Virtual Tour

$ 1,350,000

Est. payment | -/mo

Save Virtual Tour

3,670 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,670 sqft

Price per Sqft $367

MLS Listing ID A11927941

HOA Y/N No

Year Built 1975

Annual Tax Amount $25,560

Tax Year 2025

Lot Size 9,229 Sqft

Property Sub-Type Multi Family

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.

Location

State FL

County Broward

Area 3100

Zoning ML

Exterior

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Others

Tax ID 514124160270

Acceptable Financing Cash, Conventional, Owner May Carry, Other

Listing Terms Cash, Conventional, Owner May Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11927941

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Fausto Commercial Realty Consultants Inc

NEARBY SCHOOL & BUSINESS

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Get more info from a local expert!

+1(305) 467-5520

roberto@lifestyleintrealty.com

20200 W Dixie Hwy Suite 609, Aventura, FL 33180, USA

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6124 Pembroke Rd #1-8 Miramar, FL 33023