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    6300 Pembroke Rd Miramar, FL 33023

    Sponsored
    For Sale
    $2,150,000

    4,362 SF Flex Space, High ROI

    Property size:
    4,362 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,362 square foot flex building in Miramar, Florida, presents a compelling investment opportunity. Situated on a 12,346 square foot lot at 6300 Pembroke Road, this freestanding, two-story Class C building boasts a prime location near the Florida Turnpike and State Road 7/441. Currently generating income from multiple tenants occupying the thoughtfully configured downstairs space (currently used as church space), this property offers immediate return on investment. The building, constructed in 1965, features a concrete roof and has undergone significant exterior renovations, including the installation of hurricane-resistant windows and doors, a fresh coat of paint, and a remodeled staircase. The permitted ML zoning allows for flexibility in future use. The property's strong proforma CAP rate of 8.04% further enhances its appeal. The existing structure presents a solid foundation for an investor seeking immediate income, with the potential to add two more floors, significantly increasing the property's value and rental potential. This is a rare chance to acquire a well-located, income-producing property with significant upside potential. The asking price is $2,150,000.

    Property Features for 6300 Pembroke Rd

    General Information

    Property type
    Flex space
    Square Feet
    4,362 SF
    Class
    C

    Building Details

    Year Built
    1965
    Buildings
    1
    Stories
    2

    HighLights

    • Freestanding retail/flex building.
    • 4,362 square foot building.
    • 8.04% projected capitalization rate.
    • Ideal for investors or owner‑occupants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miramar
    County
    Broward
    State
    Florida
    Longitude
    -80.2132318
    Latitude
    25.9951244

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    FAQs

    What type of property is this?
    Flex space - 4,362 SF Flex Space, High ROI
    Where is this flex space located?
    The property is located at 6300 Pembroke Rd Miramar, FL.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: Freestanding retail/flex building.; 4,362 square foot building.; 8.04% projected capitalization rate.
    Request Owner's contact information
    6300 Pembroke Rd Miramar, FL 33023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6300 Pembroke Rd Miramar, FL 33023
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