Property Back to Market Report

6400 & 6402 Pembroke Rd, Miramar, FL 33023

$1,199,000

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $1,199,000
Price Change: ▼ $76,000 1744927597
MLS#: A11749645
Status: PENDING
Type: Commercial

Refine Search

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.

+17869493971

Search All Properties

Additional Information

Days on Market: 469
Tax Amount: $16,862
Maintenance Fee: 960
Parcel Number: 514123071920
Lot Size: 14,041
Address: 6400 & 6402 Pembroke Rd, Miramar
Year Built: 1956
Section: 23