Casa Bianca - 10 unit turn key multifamily 7606 Pembroke Rd Immeuble residentiel 10 lots 1 865 340 € (186 534 €/Lot) Taux de capitalisation 7,17 % Miramar, FL 33023

Casa Bianca, at 7600 -7606 Pembroke Road (two folios) , offers an exceptional 10-unit multifamily property in the thriving city of Miramar, Florida, presenting a prime investment opportunity. Fully renovated and 100% occupied, this turnkey asset guarantees immediate rental income with no additional work or upgrades required.

Casa Bianca offers a mix of six one-bedroom and four two-bedroom units, each thoughtfully remodeled with modern finishes. The kitchens feature real plywood cabinets, granite countertops, soft-close hardware, and brand-new stainless-steel appliances. The bathrooms have been updated with stylish vanities, new lighting, and contemporary plumbing fixtures. Additionally, the units are equipped with brand new flooring and brand-new central air conditioning systems. The exterior of the property is equally impressive, with hurricane-impact windows, a newly installed roof (2021), and a fully updated fence for added privacy and security. New landscaping, modern lighting, and surveillance cameras have also been added, ensuring the safety and aesthetic appeal of the property. Extended parking lot, guaranteeing two spots per unit—there is ample parking for all tenants.

Casa Bianca is situated in a high-demand rental market, with easy access to major highways, schools, shopping centers, and popular entertainment destinations, such as the Hard Rock Casino and Aventura Mall. Miramar continues to experience strong growth, making it an increasingly attractive location for both residents and businesses. Tenants enjoy a range of desirable amenities, including free property-wide Wi-Fi, mobile app-enabled laundry facilities, and secure package lockers. The building's infrastructure is future-proofed with a new roof, which comes with a 20-year warranty (until 2046), and the property recently passed its 40-year recertification in December 2021, valid until 2031. With no deferred maintenance and multiple warranties in place, this property offers peace of mind for investors.

The property’s strong rental income potential is reflected in its current income of $153,574 (excluding wind insurance), with a proforma income of $162,136. The area’s robust rental demand and consistent growth make this property an excellent investment for those seeking long-term cash flow and future appreciation. The property is offered at a 7% cap rate, with leases that include 7% annual rent increases, ensuring continued revenue growth.

Whether an experienced investor or new to the multifamily market, this fully remodeled 10-unit building in one of South Florida’s most desirable areas offers a rare opportunity to own a low-maintenance, high-performing asset. Contact Leo at 786.973.5383 today to schedule a tour and explore this incredible investment opportunity.