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Multifamily in Miramar, FL 33023Welwyn Manor, 6124 Pembroke Rd
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$1,350,000
$50KBeds
3,670
SqFt$368
$/SqFtPremium Multifamily
Built in 1975
Fourplex
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.
MLS Number: A11927967
On Site: 287 Days
Updated: 13 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Zoned
- Cooling Description: Zoned
Building and Construction
- Floor Description: Other,Tile,Vinyl
- Year Built: 1975
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-12-25T12:22:03.000-00:00
Taxes, Fees & More
- Taxes: 25560
Apples-to-Apples Comparables
Price History
Current
$1.4M
High
$1.4M
Low
$1.4M
Total Change
-3.6%Date
Event
Price
Change
Price Per
01/20/2026
Price Reduced
$1.4M
-3.57%$368 ft2
$3,960 m2
12/09/2025
Listed
$1.4M
$381 ft2
$4,106 m2
01/20/2026
$1.4M
Event
Price Reduced
Change
-3.57%Price Per
$368 ft2
$3,960 m2
12/09/2025
$1.4M
Event
Listed
Price Per
$381 ft2
$4,106 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Elior Levi • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
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Scores
63
100
39
100
57
100
76
100
1
100
31
100
3
100
Community Snapshot
2 – 4 BR
Bedrooms
$439K – $1.4M
Price Tier
646 - 3,670
SqFt Range
1958
Year Build
1
Total Floors
Subdivision Amenities
None
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