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6134 SW 40th Ct - Prime County Line Duplex 2 Unit Apartment Building Offered at $600,000 at a 6.50% Cap Rate Miramar, FL 33023

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INVESTMENT HIGHLIGHTS

  • Desirable Rental Location
  • Close to Job Centers, Great School, Shopping, Entertainment Venues, and Place of Worships
  • 2 Large Two Bedroom One Bathroom Apartment

EXECUTIVE SUMMARY

Prime Miramar Duplex in Unbeatable Location — Perfect for Investors or FHA House Hacker
6134 SW 40th Court is a rare and exciting opportunity in one of South Florida’s most strategic corridors. Ideally located right off 441 and County Line Road, this property sits on the border of Broward and Miami-Dade Counties, offering exceptional access to major job centers, great schools, entertainment venues, shopping, and places of worship.
This well-maintained duplex features: Two spacious 850 SF apartment home Each unit offering 2 bedrooms & 1 bathroom Leased at Below market rent of $2,000/month/Unit Tenants pay all utilities, maximizing owner cash flow. On-site laundry room for added convenience and rental appeal.
Whether you’re an experienced investor seeking strong returns or a strategic buyer looking to house hack using an FHA loan, this property is a powerful vehicle for long-term wealth building. Live in one unit while the other contributes toward your mortgage—an incredible way to achieve the American Dream.
With its prime location, stable income, low operating expenses, and value-add potential, 6134 SW 40th Court stands out as a can’t-miss multifamily opportunity in a high-demand rental market.
A superb duplex in a thriving, central location—ideal for investors and savvy owner-occupants alike. Don’t miss this one!

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $48,000 $28.25
Other Income - -
Vacancy Loss - -
Effective Gross Income $48,000 $28.25
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $48,000
Annual Per SF $28.25
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $48,000
Annual Per SF $28.25
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $600,000
Price Per Unit $300,000
Sale Type Investment
Cap Rate 6.50%
Sale Condition 1031 Exchange
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Building Size 1,699 SF
Average Occupancy 100%
No. Stories 1
Year Built 1975
Opportunity Zone Yes

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Washer/Dryer
  • Refrigerator
  • Dining Room
  • Family Room
  • Lawn
  • Porch
  • Smoke Free

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $2,000 850
  • Listing ID: 38673414

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: 6134 SW 40th Ct, Miramar, FL 33023

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