6124 Pembroke Rd, Miramar FL 33023

For sale Days on market 26

WELWYN MANOR [ Quadruplex ]

$1,350,000

$368/sq ft

$50,000
Price Decreased

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Overview

Year Built

1975

Sqft

3670

Property Type

Quadruplex

Property 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.

Property Details

MLS#

A11927967

Total Floor in Bldg

Building

WELWYN MANOR

Address

6124 Pembroke Rd

City

Miramar

State/county

Zip/Postal Code

33023

Area

Welwyn Manor

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$25,560

Maint Fee

$--

Tax Year

2025

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