ActiveQuadruplex
6125 SW 40th Ct, Miramar FL 33023
Miramar, FL 33023 · MLS #A11992504The residence
About this property
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.
At a glance
Property details
- Property type
- Quadruplex
- Listing type
- For sale
- Status
- Active
- Living area
- 1,898 sq. ft.
- Year built
- 1964
- Lot size
- 0 sq. ft.
- Subdivision
- SUN LAND PARK
- County
- Broward County
- Days on market
- 182
- Original list price
- $910,000
- Listing date
- March 31, 2026
- Annual property tax
- $16,925 (2025)
- Listing agent
- Amir Panjwani
- Listing office
- Lifestyle International Realty
- MLS number
- A11992504
Neighborhood & location
Explore SUN LAND PARK
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Broward County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $4,601
- Property taxes
- $1,410
- Homeowners insurance
- $455
- Estimated total
- $6,467
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of Lifestyle International Realty, 305-809-8085.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.