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.

Features
Swimming Pool
Heating System
Cooling System
Parking
Architectural Style
Roof:
Shingle
Sewer
Address Map
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''
MLS Addon
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
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Residential Income For Sale

6125 Sw 40th Ct, Miramar, Florida 33023, Miramar, Florida 33023

1,898 Sqft
$910,000
MLS # #A11992504
Basic Details
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
Agent info
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