Search
8-Unit Apartment Building
For Sale
$1,400,000
Pending

6124 Pembroke Road #18, Miramar, FL 33023

Apartment property with a mixed studio and one-bedroom configuration, updated mini-split air conditioning, and on-site laundry.

Property Size3,670 SF
Days on Market86

Property Features for 6124 Pembroke Road #18

General Information

Standard status Pending
Size 3,670 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 2 x 1BD/1BA, 6 x studio
Multifamily Units 8

Additional Details

Gross Income $140,520

Taxes and HOA fees

Annual Taxes $25,560

Amenities

on-site coin laundry

Building Details

Year Built 1975
Listing Agency: FAUSTO COMMERCIAL REALTY CONSULTANTS INC
Listed By: ELIOR LEVI · License #A11927941
Source: Corcoran
Added: Jun 9 Changed: Aug 31 Last Checked: Aug 31 at 5:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FAUSTO COMMERCIAL REALTY CONSULTANTS INC

Investment Insights

Based on property information with market context.

This 8-unit apartment property contains two 1BD/1BA apartments and six studio units within a 3,670-square-foot building constructed in 1975. Property features include updated mini-split A/C systems, several renovated interiors, a coin-operated laundry room, and a large garage providing storage. The garage also has stated potential for conversion into a 9th unit.

The property is located at 6124 Pembroke Road #18 in Miramar, Florida, on Pembroke Road just off 441. Seven of the eight tenants occupy month-to-month leases, while the asset generates a near-7% going-in cap rate. Seller financing is available.

Key Highlights

  • 8‑unit property with two 1BD/1BA apartments and six studio units
  • Seven of the eight tenants are on month‑to‑month leases
  • 3,670 SF building constructed in 1975

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic Tattoo & Piercing Shop Pet Grooming Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,274
Businesses Nearby

Demographics for 33023, FL

66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with a mixed studio and one-bedroom configuration, updated mini-split air conditioning, and on-site laundry.
Where is this apartment building located?
The property is located at 6124 Pembroke Road #18 Miramar, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8‑unit property with two 1BD/1BA apartments and six studio units; Seven of the eight tenants are on month‑to‑month leases; 3,670 SF building constructed in 1975
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message