$910,000

Quadruplex In Miramar

  • 1,898 Sqft
  • Updated: May 11
  • Source:
    MIAMI REALTORS MLS  MLS#A11992504

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 c
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

    Other

  • Floors

    1

  • Year built

    1964

  • Price/sqft

    $479

Features

  • Investment Property
  • Renovated

Explore the Area

6125 SW 40th Ct, Miramar, Florida, United States View on Google Maps
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Lifestyle International Realty - Miami Lakes

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Lifestyle International Realty - Miami Lakes
Florida, United States
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100
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2025
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Lifestyle International Realty - Miami Lakes
Miami Lakes, Florida, United States
View agency profile
Last updated
May 11
First listed
Apr 1
Listing reference
A11992504
Listing status
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