6142 SW 40th Court, Miramar FL 33023

Owner financing available. This well-priced duplex in the SUN LAND PARK subdivision offers an excellent opportunity for investors or buyers looking for a residential income property in the heart of Miramar, Broward County.
Built in 1956, the property includes a spacious three-bedroom, two-bath unit and a separate one-bedroom, one-bath unit. With approximately 1,525 square feet of living area on a 5,110-square-foot lot, the duplex provides a practical layout and strong potential for rental income. The property needs updating, but it is priced accordingly, giving the new owner an opportunity to improve the units and increase long-term value.
Current gross annual income is $38,400, while potential gross income may exceed $50,000 as rents are brought closer to market value. Estimated annual expenses include $6,914 in property taxes, approximately $4,000 for insurance, $1,800 for water and trash, and about $600 for lawn maintenance, for total annual expenses of approximately $12,714.
The property features central heating, central air conditioning, and wall/window units. Gas is metered, and the community information indicates a pet policy of No, Yes, which should be independently verified by the buyer. The assigned high school is Miramar High.
Located in South Florida, this home offers access to the lifestyle that makes the Miami area so desirable. Residents enjoy warm weather throughout much of the year, beautiful beaches, waterfront activities, international dining, shopping, nightlife, and major entertainment venues. Miramar also benefits from convenient access to major highways, airports, employment centers, and the broader Miami and Fort Lauderdale metropolitan areas.
6142 SW 40th Court, Miramar FL 33023 is priced to sell and offers genuine income-growth potential for the right buyer. For more information or to schedule a showing, call or text +1 786.468.4380. Tel/WhatsApp.