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.
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
Price:
$910,000
MLS #:
A11992504
Status:
Active
Beds:
0
Baths:
0
Address:
6125 SW 40th Ct
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SUN LAND PARK
Neighborhood:
sunlandpark
City:
Miramar
Listed Date:
Mar 31, 2026
State:
FL
Finished Sq Ft:
1,898
Total Sq Ft:
1,898
ZIP:
33023
Year Built:
1964
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Schools
Interior
Cooling
Electric
Flooring
Vinyl
Heating
Electric
Exterior
Architectural Style
Other
Construction Materials
C B S Construction, Stucco
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2025
Taxes
$16,925
Map
Community
- Address6125 SW 40th Ct Miramar FL
- SubdivisionSUN LAND PARK
- CityMiramar
- CountyBroward County
- Zip Code33023
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