6125 Sw 40th Ct, Miramar, FL 33023
- $910,000
- 1,898
- SqFt
- List Price
- $910,000
- MLS
- A11992504
- Complex Name
- Sun Land Park
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 1,898
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.
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Additional Information
- Days on Market
- 120
- Style
- Quadruplex, Fourplex
- #Parking Spaces
- 4
- Year Built
- 1964
- Development Name
- Sun Land Park
- #Stories
- 1
- Construction Type
- CBS Construction, Stucco
- Section
- 25
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Listing Courtesy of Lifestyle International Realty, Contact: