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6124 Pembroke Rd
Miramar, FL 33023 Welwyn Manor

$1,400,000 USD

Apartments For Sale  •  3,670 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,670 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1957
  • Cap Rate 6.74 %
  • Zoning B-2
38 Transit Score
74 Walk Score

Highlights

8-Unit Multifamily Property – Consists of 2 one-bedroom/one-bath apartments and 6 studio units
Prime High-Traffic Location – Situated on Pembroke Road just off US-441 in a high-demand rental corridor
Significant Value-Add Upside – 7 of 8 tenants on month-to-month leases allowing immediate rent growth or renovations
Operational & Capital Improvements – Updated mini-split A/Cs, several renovated units, on-site coin laundry, and storage garage
Seller Financing Available – Attractive terms provide flexible acquisition options and enhanced returns

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $102,400 USD (2025)
Cap Rate: 6.74 %
Total Expenses: $48,200 USD

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 9 min - 3.7 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 12 min - 5.2 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 17 min - 9.2 mi
Miami International 37 min - 23.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants