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6400 & 6402 Pembroke Rd, Miramar FL 33023

Commercial Active With Contract
$1,199,000

BTC: 15.51099612

ETH: 489.58758677

-$76K (2025/04/17)
469 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1956
Lot:
14041 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,690,000
$1.0M – $2.1M
Confidence Low
List vs. estimate
$491K below estimate
List $1,199,000 · -29.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,862
All facts and features
  • Lot

    • Lot: 14041 Square Feet

    Other Property Information

    • Parcel Number: 514123071920

    • Zoning: ML

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $16,862

  • Source details

    • MLS ID: A11749645

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Perfect Properties of Florida Real Estate