Quadruplex
6124 Pembroke Rd
6124 Pembroke Rd, Miramar FL 33023 Get directions
$1,350,000
3,670 SqFt
See estimated monthly costThis listing is courtesy of Fausto Commercial Realty Consultants Inc. Elior Levi
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.
Facts & features
Interior
- Living area (sq ft)
- 3,670
Building & exterior
- Year built
- 1975
Taxes
- Annual tax
- $25,560
- Tax year
- 2025
- Parcel number
- 514124160270
Listing
- MLS number
- A11927967
- Property type
- Quadruplex
- Price per SqFt
- $368
- Subdivision
- WELWYN MANOR
- On market since
- Dec 25, 2025
- Days on market
- 274
Estimated monthly cost
$9,969 per month
- Principal & interest (30 yr)
- $6,826
- Property tax
- $2,130
- Insurance (estimated)
- $1,013
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
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