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Sun Land Park

$910,000

6125 SW 40th Ct, Miramar, FL 33023

Active
Last Updated: 04/01/2026

1,898 sqft

Building Size

4

Units

Details:
Building Size:    1,898 sqft
Units:    4
Year Built:    1964
Floors:    1
Parking Spots:    4
Gross Leaseable Area:    1,898
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Copy Of Lease(S)
  • Architectural Style: Other
  • Cooling: Electric
  • Heating: Electric
  • Flooring: Vinyl
  • Construction Materials: CBS Construction, Stucco
Description:

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.

Map:
Location
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