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