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