6125 SW 40th Court, Miramar, FL 33023 (MLS# A11992504)

6125 SW 40th Court, Miramar, FL 33023

$910,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11992504

Property Type: Residential Income Square Footage: 1,898 Status: Active

Current Price: $910,000 List Date: 3/31/2026 Last Modified: 6/04/2026

Overview

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.

Listing Details MLS# A11992504

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 1898
Living Area Main: 1898
Adjusted Area Main: 1898
Year Built: 1964
Parking Total: 4
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s) Flooring: Vinyl Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS; Stucco Cooling: Electric Heating: Electric Listing Terms: Cash; Conventional; FHA Possession: Subject To Tenant Rights Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: 24 Hour Notice; Call Listing Agent Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space Unit 4 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 910000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 6125
Street Direction Prefix: SW
Street Name: 40th
Street Suffix: Court
City Name: Miramar
State Or Province: FL
Postal Code: 33023
Postal Code +4: 5113
Postal Zip: 33023
Subdivision Name: SUN LAND PARK
Area: 3190
Geographic Area: HWSW - Hollywood South West (3990, 3190)
Elementary School: Annabel C. Perry Pk-8
High School: Miramar
Parcel Number: 514125130630
Subdivision Number: 13
Zoning: RM4
Flood Zone: AE

Financial Information

Tax Annual Amount: 16925
Tax Year: 2025
Tax Legal Description: SUN LAND PARK 25-30 B LOT 22 BLK 2

Status Change Information

Major Change Timestamp: 2026-03-31T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-03-31

More Information

Income and Expenses

Gross Income: 7625

Unit 1 Details

Actual Rent: 1800
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 500

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 1850
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
SqFt: 500

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 1875
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 3 Lease Description

Currently Leased YN: Yes

Unit 4 Details

Actual Rent: 2100
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 4 Lease Description

Currently Leased YN: Yes

Section Details

Parcel Number MLX: 0630

Originating Details

Originating System Key: 448219857
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Vinyl: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes

Structure Type

Multi Family: Yes

Possession

Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Electric: Yes

Construction Materials

CBS: Yes
Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Roof

Shingle: Yes

Cooling

Electric: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Family Room: Yes
Kitchen: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 4 Parking Features

Parking Space: Yes

Unit 4 Patio/Porch

Patio/Porch: Yes

Listing Office: Lifestyle International Realty

Last Updated: June - 04 - 2026

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