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$1,350,000 -$50,000 (-3.57%) Price Reduced
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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.
Full Property Details
Full Property Details for 6124 Pembroke Rd #1-8
General
- Price: $1,350,000
- Taxes: $25,560 (2025)
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11927941
- Updated: 8/3/2026
- Added to Site: 221 day(s) ago
Business
- Business Type: Apartments
Location
- County: Broward County
Community
- Units Assoc/Comm: 8
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Detached/Attached: Detached
- Building Size: 3670
- Year Built: 1975
Unit Information
- Units in Complex: 8
Lot Features
- Lot Size (Sq. Ft.): 9,229
- Zoning: ML
Financial Considerations
- Tax Amount: $25,560
- Tax Year: 2025
- Terms: All Cash, Conventional/Refinance, Owner Will Carry
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: WELWYN MANOR 31-2 B LOT 24 E1/2 & LOTS 25 & 26, ALL LESS PT DESC'D AS, COMM AT SE COR OF LOT 26, N 91.39 TO POB, CONT N 18.62, WLY 100.03 TO NW
- Property ID: 514124160270
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 6124 Pembroke Rd #1-8
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Miramar Elementary School 6831 Southwest 26th Street, Miramar, FL 33023 | PK-5 | 1 mi |
New Renaissance Middle School 10701 Miramar Boulevard, Miramar, FL 33025 | 6-8 | 4.9 mi |
Miramar High School 3601 Southwest 89th Avenue, Miramar, FL 33025 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6124 Pembroke Rd #1-8
Date
Details
Price
Change
Source
8/03/2026
Price Reduced
$1,350,000
-3.57%
MLS
12/25/2025
Listed
$1,400,000
600%
MLS
8/28/1998
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6124 Pembroke Rd #1-8
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,560
11%
$924,730
-25%
2024
$23,130
—
$1,235,140
18%
2024
$23,130
9%
$1,045,170
20%
2023
$21,190
28%
$870,240
52%
2021
$16,556
-10%
$574,200
-24%
2022
$18,382
11%
$751,050
38%
2021
$16,556
4%
$544,510
2%
2019
$15,964
9%
$535,970
3%
2018
$14,583
10%
$518,390
10%
2017
$13,226
5%
$471,270
10%
2016
$12,543
5%
$428,430
4%
2015
$11,990
5%
$411,850
3%
2014
$11,425
12%
$398,960
8%
2013
$10,228
—
$370,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6124 Pembroke Rd #1-8
6124 Pembroke Rd #1-8, Miramar, FL 33023 (MLS# A11927941) is a Apartment property. 6124 Pembroke Rd #1-8 is currently listed for $1,350,000 and was received on December 25, 2025. Want to learn more about 6124 Pembroke Rd #1-8? Do you have questions about finding other Apartment real estate for sale in Miramar? You can browse all Miramar real estate or contact a Coldwell Banker agent to request more information.

