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6125 SW 40th Court

Miramar, FL 33023
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Bed 4

Bed

Bath 4

Bath

SqFt1,898

Sqft

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $910,000

AD Id : 76667950

MLS Id : A11992504

Beds : 4

Living Area Size : 1,898 Sq. Ft

Tax Amount : $16,925

Year Built : 1964

County : Broward

Subdivision: Sun Land Park

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1964
    Building Area Total: 1898
    Construction Materials: Block, Stucco
    Private Pool: No

  • Listing Price Information

    Listing Price: $910000
    Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 514125130630 Tax Year: 2025 Annual Tax: $16925 Tax Legal Desc: SUN LAND PARK 25-30 B LOT 22 BLK 2

  • Parking Information

    Parking Total: 4

  • School Information

    Elementary School: Annabel C. Perry Pk-8 Junior High School: Senior High School: Miramar
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3651 SW 60th Ter & # N, Miramar, FL, 33023 $425,000 4 2 1,699 --
6021 SW 36th Ct & #E, Miramar, FL, 33023 $425,000 4 2 1,699 --
6132 SW 39th Street, Miramar, FL, 33023 $620,000 4 2 1,674 --
6142 SW 40th Court, Miramar, FL, 33023 $450,000 -- -- 1,525 5,110 Sq. Ft
2209 SW 61st Avenue, Miramar, FL, 33023 $699,999 -- -- 1,926 --
6124 Pembroke Road, Miramar, FL, 33023 $1,350,000 1 2 3,670 --

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ByOwner last updated this listing 09/30/2026 @ 18:27

MLS: A11992504 LISTED BY: Amir Panjwani, Lifestyle International Realty 305-809-8085 SOURCE: Beaches MLS

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