6125 SW 40th Ct, Miramar, FL 33023
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: amir panjwani
Office: lifestyle international realty305-809-8085
MLS#:A11992504
Source:SEFMLS
Price summary
- Price:$910,000
- Price per sq. ft.:$479.45
About this home
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.
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Home facts
- Year built:1964
- Listing ID #:A11992504
- Updated:May 15, 2026 at 10:02 AM
Rooms and interior
- Flooring:Vinyl
- Living area:1,898 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1964
- Building area:1,898 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block, Stucco
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$910,000
- Price per sq. ft.:$479.45
- Tax amount:$16,925 (2025)
Parking
- Total parking spaces:4
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