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6224/6226 Miramar Parkway, Miramar Fl 33023 6224 Miramar Pkwy 16 Unit Apartment Building $4,117,964 CAD ($257,373 CAD/Unit) 6.31% Cap Rate Miramar, FL 33023



INVESTMENT HIGHLIGHTS
- Unique and modern renovation
- New roof from 2021
- Strong market rents
- Close to major highways
EXECUTIVE SUMMARY
For Financial Information, please send email or text to request it.
Excellent unit mix containing:
* Fourteen one bedroom
* Two two bedrooms
* 17 parking spaces
* All Impact Windows
* Fourteen units with patio
* New roof from 2021
* Central AC
Most units have been renovated with a very unique and modern look. Properties have a laundry common area with two washers and two dryers. The updated units rent very quickly and for very strong prices. It is conveniently located a few steps from North Perry Airport and very close to Fort Lauderdale airport and Seminole Hard Rock Hotel & Casino Hollywood.
The neighborhood includes portions of the City of Miramar, Town of Davie, Cooper City, Pembroke Pines and areas of unincorporated Broward County. Given the proximity to Interstate 75, Interstate 595, the Sawgrass Expressway, and the Florida Turnpike, access to the entire South Florida region is excellent.
The neighborhood is located approximately 10 miles southwest of the Ft. Lauderdale central business district, and approximately 8 miles west of Fort Lauderdale/Hollywood International Airport. On a regional level, the neighborhood is located between Miami and West Palm Beach, approximately 25 miles north of Miami and 40 miles south of West Palm Beach.
The neighborhood is well served by a number of schools in addition to the typical community services. Medical needs are provided by the Columbia Westside Regional Medical Center and the Plantation General Hospital which are located just north of the Subject neighborhood. The Subject neighborhood also contains the main campus of Nova Southeastern University (NSU).
The North Perry Airport is situated in the northwest quadrant of Pembroke Road and SW 72nd Avenue. This general aviation facility is devoted to private and business light aircraft activity.
Of interest to the neighborhood is the Seminole Hard Rock Casino, which is situated just outside the neighborhood boundaries on U.S Highway 441, just north of Stirling Road. This 86-acre facility includes a 130,000 square foot casino, a lagoon style pool area, shops and restaurants, a spa and fitness center, the Hard Rock Live entertainment center, a Hard Rock retail store and a 12-story hotel with 500 rooms.
Excellent unit mix containing:
* Fourteen one bedroom
* Two two bedrooms
* 17 parking spaces
* All Impact Windows
* Fourteen units with patio
* New roof from 2021
* Central AC
Most units have been renovated with a very unique and modern look. Properties have a laundry common area with two washers and two dryers. The updated units rent very quickly and for very strong prices. It is conveniently located a few steps from North Perry Airport and very close to Fort Lauderdale airport and Seminole Hard Rock Hotel & Casino Hollywood.
The neighborhood includes portions of the City of Miramar, Town of Davie, Cooper City, Pembroke Pines and areas of unincorporated Broward County. Given the proximity to Interstate 75, Interstate 595, the Sawgrass Expressway, and the Florida Turnpike, access to the entire South Florida region is excellent.
The neighborhood is located approximately 10 miles southwest of the Ft. Lauderdale central business district, and approximately 8 miles west of Fort Lauderdale/Hollywood International Airport. On a regional level, the neighborhood is located between Miami and West Palm Beach, approximately 25 miles north of Miami and 40 miles south of West Palm Beach.
The neighborhood is well served by a number of schools in addition to the typical community services. Medical needs are provided by the Columbia Westside Regional Medical Center and the Plantation General Hospital which are located just north of the Subject neighborhood. The Subject neighborhood also contains the main campus of Nova Southeastern University (NSU).
The North Perry Airport is situated in the northwest quadrant of Pembroke Road and SW 72nd Avenue. This general aviation facility is devoted to private and business light aircraft activity.
Of interest to the neighborhood is the Seminole Hard Rock Casino, which is situated just outside the neighborhood boundaries on U.S Highway 441, just north of Stirling Road. This 86-acre facility includes a 130,000 square foot casino, a lagoon style pool area, shops and restaurants, a spa and fitness center, the Hard Rock Live entertainment center, a Hard Rock retail store and a 12-story hotel with 500 rooms.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $4,117,964 CAD | Building Class | C |
| Price Per Unit | $257,373 CAD | Lot Size | 0.61 AC |
| Sale Type | Investment | Building Size | 11,621 SF |
| Cap Rate | 6.31% | Average Occupancy | 100% |
| No. Units | 16 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.46/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | ML - Multi-Family Residential | ||
| Price | $4,117,964 CAD |
| Price Per Unit | $257,373 CAD |
| Sale Type | Investment |
| Cap Rate | 6.31% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 11,621 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 1.46/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | ML - Multi-Family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
| 2+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 51-41-25-04-1800 | Total Assessment | $3,305,070 CAD (2025) |
| Land Assessment | $337,878 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $2,967,192 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
51-41-25-04-1800
Land Assessment
$337,878 CAD (2025)
Improvements Assessment
$2,967,192 CAD (2025)
Total Assessment
$3,305,070 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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6224/6226 Miramar Parkway, Miramar Fl 33023 | 6224 Miramar Pkwy
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