6125 SW 40th Ct, Miramar FL 33023

For sale Days on market 182

SUN LAND PARK [ Quadruplex ]

$910,000

$479/sq ft

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Overview

Year Built

1964

Sqft

1898

Property Type

Quadruplex

Property Description

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

MLS#

A11992504

Total Floor in Bldg

Building

SUN LAND PARK

Address

6125 40th Ct SW

City

Miramar

State/county

Zip/Postal Code

33023

Area

Sun Land Park

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$16,925

Maint Fee

$--

Tax Year

2025

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