Active

6125 SW 40th Ct

Miramar, FL 33023

$910,000 $3,836/Mo

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Overview

Bed

Bath

1,898

Sqft

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.

Property Details

Property Type : ResidentialIncome

Price : $910,000

AD Id : 76667950

MLS Id : A11992504

Beds : 4

Living Area Size : 1,898

Year Built : 1964

County : Broward

Subdivision: Sun Land Park

Map

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

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: SUN LAND PARK Source Property Type: ResidentialIncome MLS Area Minor: Hollywood South West (3990;3190) Postal Code Plus 4: 5113 Zoning Description: RM4 Property SubType: Quadruplex Levels: One Property Age: 62

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

Utility Information

CableAvailable
Location Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6124 Pembroke Rd, Miramar, FL, 33023	$1,350,000	1	2	3,670	3,670 SqFt
6140 SW 39th St, Miramar, FL, 33023	$829,900	6	4	2,713	2,713 SqFt
6109 SW 30th Street, Miramar, FL, 33023	$1,600,000	8	6	3,546	3,546 SqFt

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Sqft(Lot)

6140 SW 39th St,
Miramar, FL, 33023

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6125 SW 40th Ct,
Miramar, FL, 33023

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Bath

1,898

Sqft

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ByOwner last updated this listing 06/14/2026 @ 11:20

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