6125 SW 40th Ct Miramar, FL 33023
1,898 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,898 sqft
Price per Sqft $479
Subdivision Sun Land Park
MLS Listing ID A11992504
Style Fourplex
HOA Y/N No
Year Built 1964
Annual Tax Amount $16,925
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
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.
Location
State FL
County Broward
Community Sun Land Park
Area 3190
Interior
Heating Electric
Cooling Electric
Flooring Vinyl
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block,Stucco
Others
Tax ID 514125130630
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11992504
NEARBY SCHOOLS & PROPERTIES