6125 SW 40th Ct, Miramar, FL
About this 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 facts
- Sqft
- 1,898
- Year Built
- 1964
- Location
- Miramar, FL 33023
- County
- Broward County
- FEMA flood zone
- Zone AE, special flood hazard area
- Base flood elevation
- 6.7 ft (NAVD88)
- Ground elevation
- 4.7 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
- Distance to the coast
- 4.4 mi
Sources: FEMA National Flood Hazard Layer (panel 12011C0727J, effective 2024-07-31), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-04. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.