6224 Miramar Pkwy 16 Unit Apartment Building $2,899,999 ($181,250/Unit) 6.26% Cap Rate Miramar, FL 33023

Coldwell Banker Commercial Realty is pleased to present 6224–6226 Miramar Parkway, a well-maintained two-building, sixteen-unit multifamily property located in the heart of Miramar, Florida. Built in 1964, the single-story buildings sit on a ±0.61 acre parcel and feature fourteen one-bedroom units and two, two-bedroom units, supported by seventeen on-site parking spaces. The property has benefited from meaningful capital improvements, including a new roof installed in 2021, impact windows throughout, newer electric panels, central air conditioning, and patios for fourteen units. Common area laundry further enhances tenant convenience and operational efficiency.
The property is positioned in a highly accessible and amenity-rich corridor, conveniently near North Perry Airport and minutes from the Florida Turnpike, I-75, I-595, and the Sawgrass Expressway. Its central Broward County location provides residents with quick connectivity to major employment hubs, including the Fort Lauderdale–Hollywood International Airport and the Seminole Hard Rock Hotel & Casino. Surrounding retail, services, and neighborhood conveniences contribute to a balanced and appealing living environment for long-term renters.
The Miramar submarket continues to demonstrate strong multifamily fundamentals, supported by steady population growth, limited new workforce housing supply, and consistent renter demand. With its upgraded systems, stabilized unit mix, and strategic location along a major Broward County corridor, 6224–6226 Miramar Parkway offers investors a compelling opportunity to acquire a turnkey residential asset with potential for continued rent growth and long-term value appreciation.