40-Unit Apartment
For Sale
Contact for pricing
7240 Pembroke Rd, Miramar, FL 33023
Renovated multifamily community with full occupancy, updated interiors, controlled-access air conditioning, and on-site parking.
Property SizeContact for details
Days on Market144
Property Features for 7240 Pembroke Rd
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Skyrise Commercial
Listed By:
Robinson Seda, Jr. · License #BK3057229
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:46AM
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 Skyrise Commercial
Investment Insights
Based on property information with market context.
This 40-unit apartment community comprises eight buildings arranged in four U-shaped groupings, with each grouping containing 10 residences. The unit mix includes 24 one-bedroom/one-bath apartments, 15 two-bedroom/one-bath apartments, and one two-bedroom/two-bath apartment. Individual units range from 700 SF to 800 SF. Renovations completed in 2018 included a new roof, impact windows and doors, kitchens, flooring, plumbing fixtures, water heaters, air conditioning units with remote control access, interior paint, and exterior improvements. The property has also passed its 40-year certification.
The community fronts Pembroke Road in Miramar, between University Drive and NW 78th Avenue, with visibility to more than 45,000 vehicles per day. Access to Florida Turnpike, I-75, I-95, US Hwy 27, and US Hwy 441 supports connections to regional airports and employment centers. The property is 100% leased and includes 60 parking spaces. Owner-paid expenses include trash, water, landscaping, real estate taxes, and property insurance, while tenants pay electricity. Additional storage units are available for lease.
The community fronts Pembroke Road in Miramar, between University Drive and NW 78th Avenue, with visibility to more than 45,000 vehicles per day. Access to Florida Turnpike, I-75, I-95, US Hwy 27, and US Hwy 441 supports connections to regional airports and employment centers. The property is 100% leased and includes 60 parking spaces. Owner-paid expenses include trash, water, landscaping, real estate taxes, and property insurance, while tenants pay electricity. Additional storage units are available for lease.
Key Highlights
- 40 units across 8 buildings, arranged as four 10‑unit U‑shaped communities
- Unit mix includes 24 one‑bedroom/one‑bath, 15 two‑bedroom/one‑bath, and 1 two‑bedroom/two‑bath apartments
- Units range from 700 SF to 800 SF; property is 100% leased
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated multifamily community with full occupancy, updated interiors, controlled-access air conditioning, and on-site parking.
Where is this apartment building located?
The property is located at 7240 Pembroke Rd Miramar, FL.
What are key features of this property?
This property features: 40 units across 8 buildings, arranged as four 10‑unit U‑shaped communities; Unit mix includes 24 one‑bedroom/one‑bath, 15 two‑bedroom/one‑bath, and 1 two‑bedroom/two‑bath apartments; Units range from 700 SF to 800 SF; property is 100% leased
