BEDS0
BATHS
SQUARE FEET1,898
MLS#A11992504
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSUN LAND PARK
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Electric
Roof Type: Shingle
Stories: 1.0
Taxes: $16,925
Year Built: 1964
Feature Descriptions
Crops Included Y/N: No
Exterior: CBS Construction, Stucco
Flooring: Vinyl
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, FHA
Lot: Less Than 1/4 Acre Lot
Parcel#: 514125130630
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Listed By / Shown By
Listed By
Agency Name: Lifestyle International Realty
Agency Phone: 305-809-8085
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-253-8044
Estimate Your Payment
Estimated Payment
$ 6,519.24 per month $4,843.40 Principal & Interest $1,410.42 Property Tax $265.42 Homeowner's Insurance
6125 SW 40th Ct | MLS# A11992504
This multi-family property located at 6125 SW 40th Ct , Miramar, FL 33023 is currently listed for sale with an asking price of $910,000. Search Miramar real estate on www.adamscameron.com today.