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.
For sale
$910,000
6125 SW 40th Ct, Miramar, FL 33023
4beds
4baths
1,898sqft
Quadruplex
Built in 1964
-- sqft lot
$-- Zestimate®
$479/sqft
$-- HOA
What's special
Brand new roof
- 149 days |
- 110 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Amir Panjwani 786-278-2727,
Lifestyle International Realty
Source: MIAMI,MLS#: A11992504
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric
Cooling
- Electric
Features
- Flooring: Vinyl
Interior area
- Total structure area: 1,898
- Total interior livable area: 1,898 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 514125130630
- Zoning: RM4
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- CBS Construction, Stucco
- Roof: Shingle
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Sun Land Park
HOA
- Has HOA: No
Location
- Region: Miramar
Financial & listing details
- Price per square foot: $479/sqft
- Tax assessed value: $734,890
- Annual tax amount: $16,925
- Date on market: 3/31/2026
- Listing terms: All Cash,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $910,000-7%$479/sqft |
Source:  MIAMI #A11992504 Report a problem | ||
| 1/1/2026 | Listing removed | $979,000$516/sqft |
Source: MIAMI #A11847625 Report a problem | ||
| 7/27/2025 | Listed for sale | $979,000+16.5%$516/sqft |
Source: MIAMI #A11847625 Report a problem | ||
| 10/24/2024 | Sold | $840,000-1.2%$443/sqft |
Source:  BeachesMLS #F10448687 Report a problem | ||
| 7/3/2024 | Listed for sale | $850,000+88.9%$448/sqft |
Source: BeachesMLS #F10448687 Report a problem | ||
| 3/19/2024 | Sold | $450,000-9.8%$237/sqft |
Source: MIAMI #A11534456 Report a problem | ||
| 3/15/2024 | Pending sale | $499,000$263/sqft |
Source: MIAMI #A11534456 Report a problem | ||
| 2/26/2024 | Contingent | $499,000$263/sqft |
Source: MIAMI #A11534456 Report a problem | ||
| 2/20/2024 | Listed for sale | $499,000+280.9%$263/sqft |
Source: MIAMI #A11534456 Report a problem | ||
| 7/23/2015 | Sold | $131,000-9.7%$69/sqft |
Source: BeachesMLS #F1291332 Report a problem | ||
| 2/26/2015 | Listing removed | $145,000$76/sqft |
Source: Luxury Estates Of Florida #F1291332 Report a problem | ||
| 2/13/2015 | Listed for sale | $145,000-2.7%$76/sqft |
Source: Luxury Estates Of Florida #F1291332 Report a problem | ||
| 9/8/2014 | Listing removed | $149,000$79/sqft |
Source: Luxury Estates Of Florida #F1291332 Report a problem | ||
| 5/24/2014 | Listed for sale | $149,000-0.7%$79/sqft |
Source: LUXURY ESTATES OF FLORIDA #F1291332 Report a problem | ||
| 2/21/2003 | Sold | $150,000+38.9%$79/sqft |
Source: Public Record Report a problem | ||
| 7/20/2000 | Sold | $108,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,925 +117.8% | $734,890 +169.4% |
| 2024 | $7,771 +3.9% | $272,800 +10% |
| 2023 | $7,480 +13.6% | $248,000 +10% |
| 2022 | $6,582 +7.3% | $225,460 +10% |
| 2021 | $6,137 +6.8% | $204,970 +10% |
| 2020 | $5,745 +3.2% | $186,340 +10% |
| 2019 | $5,567 | $169,400 -14.9% |
| 2018 | $5,567 +8% | $199,140 +42.2% |
| 2017 | $5,152 +38.9% | $140,000 +10% |
| 2016 | $3,708 +5.8% | $127,280 +37.9% |
| 2015 | $3,504 +34.6% | $92,320 +10% |
| 2014 | $2,603 | $83,930 +4% |
| 2013 | $2,603 +25.8% | $80,670 +16.3% |
| 2012 | $2,069 +13.1% | $69,370 +2.1% |
| 2011 | $1,829 -17.9% | $67,910 -18.4% |
| 2010 | $2,228 -38.4% | $83,190 -44.1% |
| 2009 | $3,616 -20.5% | $148,900 -28.5% |
| 2008 | $4,551 -4.5% | $208,150 -6.1% |
| 2007 | $4,766 +15.6% | $221,650 +30.2% |
| 2006 | $4,123 | $170,240 +13.9% |
| 2005 | -- | $149,510 +25.6% |
| 2004 | $3,190 +22.5% | $119,050 +15.8% |
| 2003 | $2,605 +9.4% | $102,820 +11.9% |
| 2002 | $2,382 +6.7% | $91,910 +7% |
| 2001 | $2,233 +92.2% | $85,910 |
| 2000 | $1,162 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Sun Land Park
Nearby schools
GreatSchools rating
- 6/10Annabel C. Perry Elementary SchoolGrades: PK-8Distance: 1 mi
- 4/10Miramar High SchoolGrades: 9-12Distance: 3.2 mi
- 5/10New Renaissance Middle SchoolGrades: 6-8Distance: 5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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