$910,000

For sale

6125 SW 40th Ct, Miramar FL 33023

1,898 sq ftBuilt 1964MLS# A11992504

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About this property

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
Multi-family
Year built
1964
Living area
1,898 sq ft
Price per sq ft
$479
Property taxes
$16,925/yr
Parking
4 spaces
Building / community
Sun Land Park
Status
For sale
MLS #
A11992504

Listing courtesy of Lifestyle International Realty.

Location

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