6124 Pembroke Rd, Miramar FL 33023 | Broward County | A11927967

6124 Pembroke Road in Miramar is a well-maintained quadruplex offering 8 total rental units, including two 1-bedroom/1-bathroom apartments and six studio units. Built in 1975 and spanning 3,670 square feet, the property has a proven rental history with seven of the eight units currently occupied under month-to-month leases. This provides the new owner with a rare opportunity to immediately adjust rents or plan for strategic renovations to increase value. The property is situated in a prime location on Pembroke Road, a major corridor with high visibility and strong rental demand. It’s just off I-595 and close to major highways and everyday conveniences. Monthly gross income is already at $11,710, translating to a near-7% cap rate at the current asking price of $1,350,000. Features include updated mini-split air conditioning systems, several renovated interiors, and an on-site coin-operated laundry room that adds convenience for tenants. Also included is a large garage with storage potential and the possibility to convert it into a ninth unit, depending on zoning and local regulations. Seller financing is available with favorable terms, making this an accessible option for serious buyers. The property is part of the Welwyn Manor subdivision and is positioned to benefit from its central location and strong tenant demand. For more details or to arrange a showing, contact 305-859-4733.