For SaleQuadruplexActive
6125 SW 40th Ct
Miramar, FL 33023
$910,000
219 Days On Site
- 1,898Sq Ft
- $479Per Sq Ft
- 1964Built
- Subdivision
- Sun Land Park
- County
- Broward
- MLS®
- A11992504
Overview
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.
Listing Snapshot
- Price
- $910,000
- Days On Site
- 219 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 1,898 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- N/A
- Year Built
- 1964
- MLS® Number
- A11992504
- Status
- Active
- Property Tax
- $16,925 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
8 items
- Levels
- One
- Parking Spaces
- 4
- Property Sub Type
- Quadruplex
- Sewer
- Public Sewer
- SqFt Total
- 1,898
- Style
- Fourplex
- Utilities
- Cable Available
- Zoning
- RM4
Interior Features
3 items
- Cooling
- Electric
- Flooring
- Vinyl
- Heating
- Electric
Exterior Features
3 items
- Construction Details
- Block, Stucco
- Pool Features
- None
- Roof
- Shingle
Community Features
2 items
- MLS Area
- 3190
- Financing Terms Available
- Cash, Conventional, FHA
Location
6125 SW 40th Ct, Miramar, FL 33023 · 3190
Neighborhood & Commute
ZIP Code 33023
- Median household income
- $68,496
- Income per person
- $27,611
- Households
- 21,051
- Average household size
- 3.11
- Median age
- 37.8
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Status changed to Active
- Price changed to $910,000











