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.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Miramar
- Zipcode:
- 33023
- Street:
- 6125 Sw 40th Ct, Miramar, Florida 33023
- Longitude:
- W81° 47' 28.7''
- Latitude:
- N25° 58' 24.6''
- Building Area:
- 1,898 Sqft
- Construction Materials:
- Block, Stucco
- Cumulative DOM:
- 157
- Flooring:
- Vinyl
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, FHA
- Lot Features
- Parcel Number:
- 514125130630
- Subdivision Name:
- SUN LAND PARK
- Tax Annual Amount:
- $16,925
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
6125 Sw 40th Ct, Miramar, Florida 33023, Miramar, Florida 33023
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $910,000
- Square Footage :
- 1,898 Sqft
- Year Built :
- 1964
- MLS # :
- A11992504
- Property Sub Type :
- Quadruplex
