6124 Pembroke Road 1-8, Miramar, FL 33023 (MLS# A11927941)

6124 Pembroke Road 1-8, Miramar, FL 33023

$1,350,000
Property Type: Commercial Sale Square Footage: 3,670 Status: Active
Current Price: $1,350,000 List Date: 12/25/2025 Last Modified: 10/31/2026

Overview

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.

Listing Details MLS# A11927941

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
2
Occupant Type
Call Listing Agent
Building Area Main
3670
Year Built
1975
Lot Size Area
9229
Lot Size Acres
0.21

Property Features

Listing Terms: Cash; Conventional; Owner Will Carry; Other Sewer: Public Sewer Water Source: Public Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
1400000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
6124
Street Name
Pembroke
Street Suffix
Road
Unit Number
1-8
City Name
Miramar
State Or Province
FL
Postal Code
33023
Postal Code +4
2214
Area
3190
Geographic Area
HWCE - Hollywood Central (3070-3100)
Parcel Number
514124160270
Subdivision Number
16
Multiple Offers Accepted
Yes
Zoning
ML
Flood Zone
X

Financial Information

Tax Annual Amount
25560
Tax Year
2025
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

Status Change Information

Major Change Timestamp
2026-08-03T15:39:55Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-08-03T15:39:55Z
Status Change Date
2025-12-25

More Information

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
2

Description of Unit Type 2

Unit Type
Efficiency
Units Total
6

Price Calculations

Current Price To SqFt
367.84

Section Details

Parcel Number MLX
0270

Originating Details

Originating System Key
424126385
Originating System ID
M00000151
IDX
Listing Office: Fausto Commercial Realty Consultants Inc
Source MLS Verified
Last Updated: October - 31 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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