$899,000

7031 Pembroke Rd Pembroke Pines, FL 33023

Hollywood Pines Neighborhood

Estimated payment $5,690/month

Total Views 4,810
-- Bed
-- Bath
2,631 Sq Ft
$342 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Clear Impact Glass
  • Concrete Flooring

About This Home

Seller financing available with only 35% down! Introducing 7031 Pembroke Rd, an exceptional fourplex presenting a lucrative investment opportunity. This property features four spacious 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $86k annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters, impact windows, brand new roof and central AC for cost-effective maintenance. Conveniently located on Pembroke Rd, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 7 parking spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 7031 Pembroke Rd.

Listing Agent

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,183

Year Built

  • Built in 1970

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Built-Up Roof

Interior Spaces

  • 2,631 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Clear Impact Glass

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Pembroke Pines No 3 Condos
  • Pembroke Pines No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514123060120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,183

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PEMBROKE PINES NO 3
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete, Other
  • Living Area: 2631
  • Stories: 1
  • Window Features: Clear Impact Glass

Exterior Features

  • Roof: Built-Up, Other, Shingle
  • Construction Type: Concrete Block Construction, Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PEMBROKE PINES NO 3
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514123060120
  • Zoning: (R-MF)
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Other Rent Incl, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8183

Multi Family

  • Number Of Units In Community: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,398 $439,710 $67,810 $371,900
2024 $8,525 $422,090 $67,810 $354,280
2023 $8,525 $368,060 $67,810 $300,250
2022 $7,843 $344,570 $67,810 $276,760
2021 $7,827 $344,570 $67,810 $276,760
2020 $6,659 $300,560 $67,810 $232,750
2019 $10,032 $267,680 $67,810 $199,870
2018 $9,535 $253,580 $67,810 $185,770
2017 $5,199 $204,750 $0 $0
2016 $4,871 $186,140 $0 $0
2015 $4,518 $169,220 $0 $0
2014 $4,166 $153,840 $0 $0
2013 -- $146,490 $67,810 $78,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 For Sale $899,000 0.0% $342 / Sq Ft
08/26/2024 08/26/24 Off Market $899,000 -- --
04/30/2024 04/30/24 For Sale $899,000 -- $342 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Assured Title & Trust Inc
Interfamily Deed Transfer -- Attorney
Quit Claim Deed $10,000 --
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $259,000 Construction
Previous Owner $50,000 Credit Line Revolving
Previous Owner $255,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Previous Owner $136,800 Commercial
Previous Owner $37,500 Commercial
Previous Owner $38,300 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11577598

MIAMI REALTORS® MLS

APN: 51-41-23-06-0120

Florida Broward County Pembroke Pines 33023 Hollywood Pines

7031 Pembroke Rd, Pembroke Pines, FL

Homes for Sale in Pembroke Pines, FL

This home is located at 7031 Pembroke Rd, Pembroke Pines, FL 33023 and is currently priced at $899,000, approximately $341 per square foot. This property was built in 1970. 7031 Pembroke Rd is a home located in Broward County with nearby schools including Pembroke Pines Elementary School, Apollo Middle School, and McArthur High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Elior Levi
Listing Agent
Elior Levi
Section Image
Fausto Commercial Realty Consultants Inc
(754) 310-7890