Active

6400 & 6402 Pembroke Rd

Miramar FL, 33023

$1,275,000


$264.47 per sqft

Active

4,821 sqft

Commercial

Built in 1956

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.

A11749645

MLS ID

February 17, 2025

Listed

February 21, 2025

Updated

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.32 Acres

Other Property Details

Taxes

$16,862


Tax Frequency

Annually


Days on Market

4


Garage

No


View

No


County

Broward County


Pool

No


Zoning

ML

Listed by:  Perfect Properties of Florida Real Estate
Listing Contact: 305-790-0199 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2025 Miami Association of REALTORS® all rights reserved. 

Data last updated 11:45 PM UTC, 2/21/2025.

Powered byLuxury Presence