$1,199,000

6400 & 6402 Pembroke Rd, Miramar, FL 33023

  • 4,821 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $249/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This prime investment property includes both parking lot at 6400 Pembroke Rd and the fully leased building at 6402 Pembroke road located on the SW corner of Prmebroke Rd with exceptional visibility, seeing 33,000 vehicles daily. Ideally located between 441 and Florida’s Turnpike, it offers easy access to major highways. Fully leased with tenants on month-to-month leases (they would like to stay and extend leases), it provides flexibility for immediate cash flow or redevelopment. With strong rental income, future appreciation potential, and a net operating income of $81,840 per year, this is a great opportunity for investors looking for a solid cap rate, developers or end users.

Listing Status:
Active
Date Added:
February 17, 2025 at 06:00AM
Listing Office:
Perfect Properties of Florida Real Estate : 305-790-0199
Listing Agent:
Jarrod Gaylis : 305-790-0199
MLS ID:
A11749645
  • Originating MLS: Miami Association of REALTORS®
  • County: Broward County

This listing courtesy of Jarrod Gaylis, Perfect Properties of Florida Real Estate

Location

Schools Nearby

S

Somerset Academy East Preparatory

2000 S State Road 7, Miramar, FL, 33023

Grades KG-6

0.50 miles away

H

Henry D Perry Education Center

3400 Wildcat Way, Miramar, FL, 33023

Grades PK-12

1.35 miles away

M

McArthur High School

6501 Hollywood Blvd, Hollywood, FL, 33024

Grades 9-12

1.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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