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6125 SW 40th Ct, Miramar FL 33023

Multi-family For Sale
$910,000

BTC: 11.09756098

ETH: 374.17763158

197 days
0 room(s)
1,898 sqft

Overview

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.

Location

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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1964
Lot:
No Data
Heating:
Electric
Price/sqft:
$479
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$732,450
$605K – $1.1M
Confidence Low
List vs. estimate
$177K above estimate
List $910,000 · +24.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$479
+13.2% vs. city median $423
Based on
10 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
$16,925
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Electric

    Cooling

    • Electric

  • Other Property Information

    • Parcel Number: 514125130630

    • Zoning: RM4

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $16,925

  • Source details

    • MLS ID: A11992504

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Living Area: 1898

    • 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
144
median $517K
Active
Same city
Miramar
291
median $579K
Active
Same type
Multi-family
2
median $1.1M
Active
Similar price
$637K – $1.2M
91
median $849K
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: Lifestyle International Realty