$1,350,000

Quadruplex In Miramar

  • 3,670 Sqft
  • Updated: May 11
  • Source:
    MIAMI REALTORS MLS  MLS#A11927967

About the Property

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
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.
  • Property type

    Other

  • Floors

    1

  • Year built

    1975

  • Price/sqft

    $367

Features

  • Garage
  • Renovated
  • Laundry Room

Explore the Area

6124 Pembroke Rd, Miramar, Florida, United States View on Google Maps
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Fausto Commercial Realty Consultants Inc - Miami

Joined 9 months ago
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Fausto Commercial Realty Consultants Inc - Miami
Florida, United States
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27
Listings
2025
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Fausto Commercial Realty Consultants Inc - Miami
Miami, Florida, United States
View agency profile
Last updated
May 11
First listed
Dec 26, 2025
Listing reference
A11927967
Listing status
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