6400 & 6402 Pembroke Rd, Miramar, FL 33023

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

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.

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

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Listing Courtesy of Perfect Properties of Florida Real Estate, Contact: