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Carver Ranches

$2,397,000

Pembroke Park, FL 33021

Active
Last Updated: 04/23/2025

1,600 sqft

Building Size

2

Units

Details:
Building Size:    1,600 sqft
Units:    2
Year Built:    1959
Floors:    2
Parking Spots:    14
Gross Leaseable Area:    1,600
Highlights:
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Detached
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction
Description:

Price reduced for a quick sale ! Seller MOTIVATED ! - Excellent investment opportunity. Multifamily 14 units. 2 folios side-by-side, each folio zoned 08-Multifamily Less than 10 units. 4,700 Sq.ft under A/C. Recent improvements to the units 14 Parking spaces. All units are currently rented.
NET INCOME = $180,285
CAP RATE = 7.5%
Centrally located on Pembroke Road, close to I95 and 441. 20 minutes from the beach. 10 Minutes form Aventura mall, Downtown Hollywood. Mix of units: 11 Studios, 2 x 1 bed 1 Bath, 1 x 3 bed 2 bath Building 5010: 8 Units - 4,700 SqFt covered on a lot of 9,000 SqFt (75 x 120) Building 5018: 6 Units - 2,600 SqFt covered on a lot of 3,000 SqFt (25 x 120)
5010 Pembroke Rd
RBA: 4,627 SF
Land: .2 AC
5018 Pembroke Rd
RBA: 2,403 SF
Land: 0.07 AC

Map:
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