6124 Pembroke Rd 1-8, Miramar, FL 33023

• 3,670 sqft

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.

Listing Status:

Active

Date Added:

December 25, 2025

Data Last Updated:

May 1, 2026 at 3:06AM

Listing Office:

Fausto Commercial Realty Consultants Inc : 954-743-7594

Listing Agent:

Elior Levi : 954-743-7594

MLS ID:

A11927941

Location

• Originating MLS: Miami Association of REALTORS®
• County: Broward County

Lot

• Zoning: MLWELWYN MANOR 31-2 B LOT 24 E1/2 & LOTS 25 & 26ALL LESS PT DESC'D ASCOMM AT SE COR OF LOT 26N 91.39 TO POBCONT N 18.62WLY 100.03 TO NW514124160270

Utilities

• Water: Public
• Sewer: Public Sanitation

Financial

• Source: Miami Association of REALTORS®