6125 SW 40th Ct, Miramar, Florida, United States, 33023
910,000
for Sale
About the property:
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.
- Property Type:
- Multi Family Home
- Status:
- for Sale
- House Style:
- Other
- Square Feet:
- 1898
- Central A/C:
- Yes
- Central A C Details:
- Electric
- Garage And Parking:
- 4
- Heating:
- Electric
- Association Fee:
- 0
- Is Garage:
- Yes
- Is Den:
- Yes
- Is Investment:
- Yes
- Is Maintenance:
- Yes
- Is New Roof:
- Yes
- Listing ID:
- A11992504
Rooms
Dimensions
Brokered by:
Lifestyle International Realty
Presented By: