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6125 SW 40th Ct, Miramar, FL 33023

Miramar
Local realty services provided by:CENTURY 21 Circle
6125 SW 40th Ct,Miramar, FL 33023
$910,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,898 sq. ft.
  • Multi-family
  • Active
Listed by: amir panjwani
Office: lifestyle international realty305-809-8085
MLS#:A11992504
Source:SEFMLS

Price summary

  • Price:$910,000
  • Price per sq. ft.:$479.45

About this home

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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Home facts

  • Year built:1964
  • Listing ID #:A11992504
  • Updated:May 21, 2026 at 09:57 AM

Rooms and interior

  • Flooring:Vinyl
  • Living area:1,898 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1964
  • Building area:1,898 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block, Stucco
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$910,000
  • Price per sq. ft.:$479.45
  • Tax amount:$16,925 (2025)

Parking

  • Total parking spaces:4
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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