$1,350,000

6124 Pembroke 1-8, Miramar FL, 33023

Price per sqftN/A

Built in1975

Property typeCommercial

Courtesy of Elior Levi with Fausto Commercial Realty Consultants Inc

Overview

Active

Listed Dec 25, 2025

Updated Sep 26

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.

Additional information

MLS^® ID: A11927941

Interior Features

Basement: No

Exterior Features

Lot Size: 0.21 Acres

Other Property Details

Taxes: $25,560
Tax Frequency: Annually

Courtesy of Fausto Commercial Realty Consultants Inc, Elior Levi,
Listing Contact: 954-743-7594

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/26/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 4:57 AM UTC, 9/26/2026