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6125 SW 40th Court Miramar, FL 33023

1,898 Sqft, Quadruplex

AGENT'S REMARKS ABOUT 6125 SW 40TH COURT

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 marketperfect for buy-and-hold investors or 1031 exchange buyers seeking immediate income.

PROPERTY DETAILS

  • Property Type: Quadruplex
  • Approx Living Area: 1,898 SqFt
  • Year Built: 1964
  • Stories: 1
  • Flooring: Vinyl
  • Roof: Shingle
  • Total Floors in Building: 1
  • Construction: Stucco, CBS
  • Cooling System: Electric
  • Heating: Electric
  • Utility Information: Cable Available
  • County: Broward
  • Area: 3190
  • Subdivision: SUN LAND PARK
  • Annual Property Taxes: $16,925
  • Elementary School: Annabel C. Perry Pk-8
  • High School: Miramar

MAP LOCATION FOR 6125 SW 40TH COURT MIRAMAR, FL 33023

SIMILAR LISTINGS NEAR 6125 SW 40TH COURT

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Do you have questions about 6125 SW 40th Court Miramar, FL 33023? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.

Brett Colby
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Text or call (561) 903-4200
Listing courtesy of Lifestyle International Realty 06.04.2026