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.
| MLS # | A11749645 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1956 |
| Days On Site | 604 |
| Listing Provided By | Perfect Properties of Florida Real Estate | Jarrod Gaylis |
| SQ Feet | 4,821 |
|---|---|
| Zoning | ML |
| Acreage | 0.32 |
| Tax Annual Amount | 16862 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Miramar |
| Zip Code | 33023 |
| Area | 3190 |
| Subarea | HWCE Hollywood Central (3070 3100) | |
| Listing VS Median (in 33023) | |
Price: $1,199,000 low | high Med: $369,000 sqft: 4,821 low | high Med: 1,159 $ / sqft: $249 low | high Med: $338 On site: 604 low | high Med: 84.5 | |
| State | FL |
|---|---|
| County | Broward |
| City | Miramar |
| Zip Code | 33023 |
| Area | 3190 |
| Subarea | HWCE Hollywood Central (3070 3100) | |
| Listing VS Median (in 33023) | |
Price: $1,199,000 low | high Med: $369,000 sqft: 4,821 low | high Med: 1,159 $ / sqft: $249 low | high Med: $338 On site: 604 low | high Med: 84.5 | |