
$1,400,000
6124 Pembroke Rd # 8, Miramar FL 33023
Miramar, FL, 33023
- Year Built
- 1975
- Property Type
- Income/MultiFamily
- Annual Taxes
- $25,560/yr
- MLS #
- A11927941
Market Position
Using 61 of 61 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $1,400,000 · area median: $2,259,000
- Days on market
- 214 · area median: 71
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 29, 2026 · Newest source update: Jul 28, 2026
Listing courtesy of Fausto Commercial Realty Consultants Inc · 786-748-7373
Listed by Elior Levi
Last updated: Jul 27, 2026
Overview
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.
est.$9,209/mo
Est. payment based on a $1,400,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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