6125 SW 40th Ct, Miramar, FL, 33023
1964
Fourplex
1,898 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.
Status:
Active
Type:
Multi-family
Zoning:
RM4
Subdivision:
SUN LAND PARK
Heating:
Electric
Cooling:
Electric
Parking:
4-car
Est. Taxes:
$16,925
Construction
Block,Stucco
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Pool:
None
MLS #:
A11992504
Community Info
School Info
Walk Score
Yelp
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