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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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6124 Pembroke Rd , Miramar, FL 33023
$1,350,000
Est. Payment: $6,997.68/mo
1 Bed
2 Bath
3670 Sqft
Status: active | Days on site: 214
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Elior Levi , 954-743-7594 Fausto Commercial Realty Consultants Inc , 786-748-7373. REALTOR Association of Greater Miami and the Beach

Property Type

Multi-Family

Year Built

1975

County

Broward

Area

3100

Neighborhood

Welwyn Manor

Listing ID

A11927967

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:
Air Cond:Zoned
Fireplaces:
Floor:Tile,Vinyl

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:8
Zoning:ML
Roof:Built-Up
Sewer:Public Sewer
Principal Interest
$6,998
Taxes
$2,130

Home Price

$1,350,000

Loan Details

30 yrs
6.74%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,997.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,997.68 $2,130.00 $0.00 $9,127.68
Yearly $83,972.18 $25,560.00 $0.00 $109,532.18
Total $2,519,165.50 $766,800.00 $0.00 $3,285,965.50

Today's Rates

30 Year

6.74%

20 Year

6.26%

15 Year

6.16%

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Market insight data is pulled from the same city as the listing being viewed (Miramar, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T09:58:27.000Z

© 2026 REALTOR Association of Greater Miami and the Beach