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6142 SW 40th Court, Miramar FL 33023

Multi-family For Sale
$450,000

BTC: 5.72155118

ETH: 177.83046829

-$29K (2026/08/20)
62 days
0 room(s)
1,525 sqft

Overview

OWNER FINANCING AVAILABLE!!! Fantastic Find In The Heart Of Miramar! This Large Duplex Features A Spacious 3-Bedroom, 2-Bath Unit And A 1-Bedroom, 1-Bath Unit. The Property Needs Updating But Is Priced Accordingly. Current Rents Are Below Market, Offering Plenty Of Room For Growth. Current Gross Annual Income Is $38,400, With Potential Gross Income Exceeding $50,000. Annual Expenses Include Property Taxes Of $6,914, Estimated Insurance Of $4,000, Water And Trash Of Approximately $1,800, And Lawn Maintenance Of Approximately $600, For Total Annual Expenses Of $12,714. Priced To Sell!

Location

Florida • Miramar • 33023 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
0.12 Acres
Heating:
Central
Price/sqft:
$295
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$700,000
$530K – $1.1M
Confidence Low
List vs. estimate
$250K below estimate
List $450,000 · -35.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$295
-19.8% vs. city median $367
Based on
5 MLS comparables
+ 9 public-records sales within 0.5 mi
Median actual sale: $225K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,914
2025
Pets
Not allowed
All facts and features

  • Flooring

    • Other

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Property

    • Levels: 1

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 514125130270

    • Zoning: RM4

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $6,914

  • Source details

    • MLS ID: B26050885

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Living Area: 1525

    • Water Source: Public

    • Subdivision Name: SUN LAND PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33023
227
median $540K
Active
Same city
Miramar
455
median $529K
Active
Same type
Multi-family
5
median $699K
Active
Similar price
$315K – $585K
171
median $445K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fidelity Real Estate Group LLC