6124 Pembroke Road, Miramar, FL 33023 (MLS# A11927967)

6124 Pembroke Road, Miramar, FL 33023

$1,350,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11927967

Property Type: Residential Income Square Footage: 3,670 Status: Active

Current Price: $1,350,000 List Date: 12/25/2025 Last Modified: 7/27/2026

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# A11927967

General Property Information

Number Of Units Total: 2
Property Sub Type: Quadruplex
Building Area Main: 3670
Living Area Main: 3670
Adjusted Area Main: 3670
Year Built: 1975
Parking Total: 8
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Other Available Information; Rent Rolls Flooring: Tile; Vinyl; Other Property Condition: Resale Structure Type: Multi Family Construction Materials: Block; CBS Cooling: Zoned Heating: Separate Meters; Zoned Listing Terms: Cash; Conventional; Owner Will Carry; Other Possession: Negotiable Roof: Built-Up Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Other Unit 2 Parking Features: Other

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
City Name: Miramar
State Or Province: FL
Postal Code: 33023
Postal Code +4: 2214
Postal Zip: 33023
Subdivision Name: WELWYN MANOR
Area: 3190
Geographic Area: HWCE - Hollywood Central (3070-3100)
Elementary School: Miramar
Middle Or Junior School: New Renaissance
High School: Miramar
Parcel Number: 514124160270
Subdivision Number: 16
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
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-01-20T16:28:08Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-20T16:28:08Z
Status Change Date: 2025-12-25

More Information

Income and Expenses

Gross Income: 2900

Unit 1 Details

Actual Rent: 1500
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 1400
Baths Full: Yes
Efficiency YN: Yes

Unit 2 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 367.84

Section Details

Parcel Number MLX: 0270

Originating Details

Originating System Key: 424128092
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes
Vinyl: Yes
Other: Yes

Property Condition

Resale: Yes

Documents Available

Other Available Information: Yes
Rent Rolls: Yes

Structure Type

Multi Family: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Separate Meters: Yes
Zoned: Yes

Construction Materials

Block: Yes
CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Owner Will Carry: Yes
Other: Yes

Roof

Built-Up: Yes

Cooling

Zoned: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Parking Features

Other: Yes

Unit 2 Parking Features

Other: Yes

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: July - 27 - 2026

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