Address
6125 Sw 40th Ct, Miramar, FL
Price
$ 910,000
Property Attributes
- MLS#A11992504
- TypeIncome
- Listing Status Active
- CountyBroward
- CityMiramar
- Area3190
- NeighborhoodSUN LAND PARK
- Zip33023
- Style
- Year Built1964
- Taxes$ 16925
- Price$ 910,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1898
Data Source:
Southeast Florida MLS (SEFMLS)
Property 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.
| Price History | |
|---|---|
| 3/31/2026 | Listed $910,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Electric |
| Utilities | Cable Available |
| Possession | Subject To Tenant Rights |
| Roof | Shingle |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Block,Stucco |
| Year Built | 1964 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| County | Broward |
| Property Type | Residential Income |
| Subdivision Name | SUN LAND PARK |
| Rent Includes | Electricity,Gardener,Sewer,Trash Collection,Water |
| Full Baths | 1 |
| Status | Active |
| City | Miramar |
| Zoning Description | RM4 |
| Number Of Units Total | 1 |
| MLS Area | 3190 |
| Lot Size Units | Square Feet |
| Listing Terms | Cash,Conventional,FHA |
| Year Built Details | Resale |
| Tax Annual Amount | 16925 |
| MLS Area Minor | Hollywood South West (3990;3190) |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11992504 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | Quadruplex |
| PostalCity | Miramar |
| Legal Description | SUN LAND PARK 25-30 B LOT 22 BLK 2 |
Interior Features
| Flooring | Vinyl |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 1 |
Exterior Features
| Lot Features | < 1/4 Acre |
|---|---|
| Total Parking | 4 |
| Building Area Total | 1898 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33023
Price
Taxes
Year Built
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Data Last Updated: September 29, 2026 7:50 AM UTC
