6400 & 6402 Pembroke Rd ,Retail, Free Standing, Retail Space for Sale

6400 & 6402 Pembroke Rd for Sale

Price $1,275,000.00

• Lot size 14041
• Year Build 1956
• Waterfront
• Zip 33023
• Style
• Parking Description
• Pool Yes
• Status Active

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.

Contact Jarrod with questions

WELWYN PARK 35-16 B LOT 1 BLK 21

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.

City:Miramar,Zoning:ML,List A O R:A-Miami Association of REALTORS,Latitude:25.9952237,List Price:1275000,Listing Id:A11749645,Longitude:-80.2153585,Mls Status:Active,Year Built:1956,Postal Code:33023,Street Name:Pembroke Rd,Coordinates:1:25.9952237,Photos Count:8,Days On Market:4,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:3100,On Market Date:2025-02-17,Other Expense:6900,Parcel Number:514123071920,Property Type:Commercial Sale,Street Number:6400 & 6402,Trash Expense:3300,Public Remarks: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.,County Or Parish:Broward County,List Office Name:Perfect Properties of Florida Real Estate,Private Remarks:Contact Jarrod with questions,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:16862,Postal Code Plus4:2138,Property Sub Type:Retail,State Or Province:FL,Tax Annual Amount:16862,Unparsed Address:6400 & 6402 Pembroke Rd, Miramar FL 33023,Listing Agreement:Exclusive Right To Sell,Building Area Total:4821,Building Area Units:Square Feet,Lot Size Square Feet:14041,Original List Price:1275000,Public Survey Range:51,I D X Participation Y N:1,Maintenance Expense:960,Net Operating Income:81840,Syndication Remarks: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.,Listing Contract Date:2025-02-17,Originating System I D:miamire,Public Survey Section:23,Showing Instructions:24 Hour Notice,Call Listing Agent,Street Number Numeric:6400,Tax Legal Description:WELWYN PARK 35-16 B LOT 1 BLK 21,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Contact broker for showing info or additional info.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-02-17,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,