We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Back to Search

Retail - for Sale

6400 PEMBROKE RD, MIRAMAR, FL 33023

Asking Price$1,199,000 Change Price$76,000

Share by:
  • Days on market:

    59 day(s)
  • Original Price:

    $1,275,000
  • Tax Legal Description:

    WELWYN PARK 35-16 B LOT 1 BLK 21
  • Property Type:

    Retail
  • Special Listing Conditions:

    Sale

Description

$1,199,000

This prime investment property includes both parking lot at 6400 pembroke rd and the fully leased building at 6402 pembroke road located on the sw corner of prmebroke rd with exceptional visibility, seeing 33,000 vehicles daily. ideally located between 441 and florida’s turnpike, it offers easy access to major highways. fully leased with tenants on month-to-month leases (they would like to stay and extend leases), it provides flexibility for immediate cash flow or redevelopment. with strong rental income, future appreciation potential, and a net operating income of $81,840 per year, this is a great opportunity for investors looking for a solid cap rate, developers or end users.

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty