Active
quadruplex
SALE
6125 Sw 40th Court, Miramar, Florida 33023
Miramar, FL 33023
$910,000
1,898 sqft
Property Details
MLS#
A11992504
Type
Quadruplex
Square Footage
1,898
Year Built
1964
Tax Amount
$16,925
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.
Amenities
1 Stories
Built 1964
Cooling: Electric
Heating: Electric
Ask a Question!
Get answers fast
Payment Calculator
$0.00 per month
30 Year Fixed, 6.59% Interest
Principal & Interest
$0.00
Property Tax
$0.00
Mortgage Insurance
$0.00
HOA
$0.00
Home Owners Insurance
$0.00
Property Location
Listing Office:
Lifestyle International Realty
Listing Agent:
Amir Panjwani
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Updated: 06/04/2026 2:20 AM
Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact one of our agents.
Contact Your Agent
Len Gutstein
Similar Properties