Quadruplex in 6125 SW 40th Ct Miramar for sale with MLS# A11992504
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.
6125 SW 40th Ct, Miramar, FL 33023
- Price:
- $910,000.00
- Original List Price:
- $910,000.00
- Rent Includes:
- Sewer, Trash Collection, Water, Gardener, Electricity
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- MLS Number:
- A11992504
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 31, 2026 4:00 pm
- Living Area:
- 1,898 Sqft
- Built-Up Area:
- 1,898 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Year Built:
- 1964
- Year Built Details:
- Resale
- Roof:
- Shingle
- Architectural Style:
- Fourplex
- Levels:
- One
- Construction Materials:
- Block, Stucco
- Flooring:
- Vinyl
- Stories:
- 1
- Tax Annual Amount:
- $16,925.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects No Exemptions, Tax Reflects No Homestead Exemption
- Parking Total Spaces:
- 4
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- SUN LAND PARK
- Senior Community:
- No
- Documents Available:
- Lease
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Occupant Type:
- Tenant
- Buyer Possession:
- Subject To Tenant Rights
- Tax Legal Description:
- SUN LAND PARK 25-30 B LOT 22 BLK 2
- Real Estate Folio Number (Parcel Number):
- 514125130630
- Zoning Description:
- RM4
- Originally published on:
- March 31, 2026 4:00 pm
- Active on the market since:
- March 31, 2026
- Price change occurred on:
- March 31, 2026 2:19 pm
- Listing Status Last Changed On:
- March 31, 2026 4:00 pm
- Photos updated on:
- March 31, 2026 8:16 pm
- Last Modified:
- April 1, 2026 2:01 am
- Flood Zone:
- AE
- Type of Association:
- None
- Style:
- Fourplex
- Subdivision Number:
- 13
- Courtesy of:
- Lifestyle International Realty
- Attribution:
- Not provided
- Street Name:
- 40th Ct
- Street Number:
- 6125
- City:
- Miramar
- State:
- Florida
- Zip Code:
- 33023
- County:
- Broward
- Latitude:
- N25° 58' 24.6''
- Longitude:
- W81° 47' 28.7''
- Street Direction Prefix:
- SW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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