6125 SW 40th Ct, Miramar FL 33023,Miramar,Broward County,Residential Income
Overview
- Quadruplex
- 1898
- 1964
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.
Address
Open on Google Maps- Address 40th Ct
- City Miramar
- State/county Broward County
- Zip/Postal Code 33023
Details
Updated on April 1, 2026 at 4:39 am- Property ID: A11992504
- Price: $910,000
- Property Size: 1898 Square Feet
- Year Built: 1964
- Property Type: Quadruplex
- Property Status: Residential Income
Additional details
- BuildingAreaTotal: 1898
- BuildingName: SUN LAND PARK
- Cooling: Electric
- Heating: Electric
- LotSizeSquareFeet: 0
- MLSAreaMajor: Sun Land Park
- StateOrProvince: FL
- StreetName: 40th Ct
- StreetNumber: 6125
Features
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