Interior
- Bathrooms
- 0
Active · Commercial
$2,150,000
6300 Pembroke Rd, Miramar, FL 33023
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1965
- Lot size
- 12,346 sq ft
- HOA fee
- —
- Annual tax
- $6,849
About this property
The subject property is a freestanding retail/flex building on two parcels totaling 4,362 SF of space on a 12,346 SF lot near the Florida Turnpike and SR 7/441. This investment offers ongoing renovations with income potential. Upgrades include hurricane-resistant windows/doors, fresh paint, and a remodeled staircase. With a concrete roof, the building may be raised by two additional floors. The downstairs unit is currently leased to four tenants configured as church space, generating immediate income. All tenants are month-to-month and can vacate, making this property ideal for an owner-user or investor.
Property location
Get Directions6300 Pembroke Rd, Miramar, FL 33023
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Facts & features
Exterior & Structure
- Property type
- Commercial
- Year built
- 1965
- Lot size
- 12,346 sq ft
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $6,849
- County
- Broward
- Days on market
- 1043
- MLS listing ID
- A11497357
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$1,375
- Cap rate
- 4.9%
- Net yield
- 4.9%
- Cash-on-cash return
- -2.7%
- Gross yield
- 6.6%
- Mortgage payment
- $10,192/mo
- Down payment
- $537,500
- Loan amount
- $1,612,500
- Annual NOI
- $105,811
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.