6125 SW 40th Court, Miramar, FL 33023
Listing Snapshot
| List Price | $910,000 |
| Price / Sq Ft | $479 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 1,898 sqft |
| Year Built | 1964 |
| Property Tax | $16,925/yr |
| MLS # | 1156413096 |
| Status | Active |
| Days on Market | 64 |
About This Home
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 1
- Parking Spaces
- 4
- Zoning
- RM4
- Utilities
- CableAvailable
- Subdivision
- SUN LAND PARK
Interior Features
- Flooring
- Vinyl
- Heating
- Electric
- Cooling
- Electric
Exterior Features
- Construction
- Block,Stucco
- Roof
- Shingle
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 3190
Schools
Map
Virtual Tour
View Virtual TourMLS# 1156413096 · BEACH
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Estimate Your Payment
20% down · Loan: $728,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.