For sale

$1,350,000

6124 Pembroke Rd, Hollywood, FL 33023

1beds

2baths

3,670sqft

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Quadruplex

Built in 1975

-- sqft lot

$-- Zestimate^®

$368/sqft

$-- HOA

What's special

Large garage for storageSeveral renovated interiorsOn-site coin laundry room

Exceptional value-add multifamily opportunity at 6124 Pembroke Road, Miramar, FL 33023. This 8-unit property includes two 1BD/1BA apartments and six studio units, offering a versatile mix in a high-demand rental corridor. Seven of the eight tenants are on month-to-month leases, allowing immediate upside through rent adjustments or renovations. The property produces $140,520 in current annual gross income, translating to an impressive near-7% going-in cap rate from day one—without raising rents. Ideally located on highly trafficked Pembroke Road, just off 441, the asset is extremely easy to rent and centrally positioned close to major highways and essentials. Additional highlights include updated mini-split A/Cs, several renovated interiors, an on-site coin laundry room, and a large garage for storage with potential to convert into a 9th unit. Seller financing is available with very attractive terms.

181 days

116

9

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2

Heating

Zoned

Cooling

Zoned

Features

Flooring: Other, Tile, Vinyl

Interior area

Total structure area: 3,670
Total interior livable area: 3,670 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 8

Features

Stories: 1

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 514124160270
Zoning: ML

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Concrete Block Construction, CBS Construction
Roof: Built-Up

Condition

Year built: 1975

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Welwyn Manor

HOA

Has HOA: No

Location

Region: Hollywood

Financial & listing details

Price per square foot: $368/sqft
Tax assessed value: $1,235,140
Annual tax amount: $25,560
Date on market: 12/25/2025
Listing terms: All Cash,Conventional,Owner Will Carry

Estimated market value

Not available

Estimated sales range

Not available

$1,625/mo

Price history

Date	Event	Price
1/20/2026	Price change	$1,350,000-3.6%$368/sqft
Source: MIAMI #A11927967 Report a problem
12/25/2025	Listed for sale	$1,400,000+600%$381/sqft
Source: MIAMI #A11927967 Report a problem
8/28/1998	Sold	$200,000$54/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$25,560 +10.5%	$840,670 +10%
2024	$23,130 +9.2%	$764,250 +10%
2023	$21,190 +15.3%	$694,780 +10%
2022	$18,382 +11%	$631,620 +10%
2021	$16,556 +3.5%	$574,200 +5.5%
2020	$16,001 +0.2%	$544,510 +1.6%
2019	$15,964	$535,970 -0.1%
2018	$15,964 +9.5%	$536,350 +13.8%
2017	$14,583 +10.3%	$471,270 +10%
2016	$13,226 +5.5%	$428,430 +4%
2015	$12,543 +9.8%	$411,850 +3.2%
2014	$11,425	$398,960 +7.6%
2013	$11,425 +5.3%	$370,850
2012	$10,847 +12.6%	$370,850 +2.3%
2011	$9,632 -3.1%	$362,530 +0.2%
2010	$9,945	$361,660

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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