Basic Information
- MLS # A11749645
- Type Retail
- Status Active
- Year Built 1956
- Total Sqft 14,041
- Date Listed 02/21/2025
- Days on Market 107
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Retail
Interior Features
- Adjusted Sqft 14,041Sq.Ft
- Sqft 14,041 Sq.Ft
Property Features
- Address 6400 & 6402 Pembroke Rd
- Aprox. Lot Size 14,041
- City Miramar
- County Broward
- Furnished Info no
- Listing Terms Cash, Conventional
- Occupant Type Tenant
- Possession Closing And Funding
- Postal City Miramar
- Subdivision Complex
- Subdivision Info
- Tax Amount $16,862
- Tax Legal desc W E L W Y N P A R K35-16 B L O T1 B L K21
- Tax Year 0
- Terms Considered Cash, Conventional
- Type of Property Retail
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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 ©2023-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. tel: 305-790-0199
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