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.
Listing courtesy of Lifestyle International Realty 06.04.2026
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