6125 SW 40th Court, Miramar, FL 33023
- $910,000
- 1,898
- SqFt
- List Price
- $910,000
- Days on Market
- 123
- MLS#
- A11992504
- Sq. Ft
- 1,898
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Sun Land Park
- Year Built
- 1964
Property Description
Turnkey 4-Unit Multifamily Investment generating $91,500 annually. Fully renovated in 2024 including a brand new roof, offering a stabilized asset with no foreseeable maintenance or capital expenditures in the near term. Property features long-term, stable tenants and strong in-place income.Priced to sell at a 7% net cap rate, this is an ideal opportunity for investors seeking reliable cash flow with minimal operational burden. Current utilities total approximately $535/month ($315 FPL, $220 water). Property is equipped with 2 FPL meters and 1 water meter; per FPL engineering, electric can be separated into 4 individual meters, providing future flexibility if desired.Well-maintained, low-maintenance asset in a strong rental market—perfect for buy-and-hold investors or 1031 exchange buyers seeking immediate income.
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Additional Information
- Construction
- Block, Stucco
- Cooling
- Electric
- Flooring
- Vinyl
- Heating
- Electric
- Roof
- Shingle
- Taxes
- $16,925
- Utilities
- Cable Available
- Stories
- 1
- Price Per Sqft
- $479
- Elementary School
- Annabel C. Perry Pk-8
- High School
- Miramar
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Listing courtesy of Lifestyle International Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Amir Panjwani | Email: panjwani.re@gmail.com