Multifamily in Miramar, FL 33023
Sun Land Park, 6125 SW 40th Ct

1,898
SqFt
Status
Active
Size
1,898 SqFt (176 m2)
Price
$479/SqFt ($5,161/m2)
Type
Multifamily
Built
1964
MLS Number
A11992504
On Site
164 Days
Updated
164 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric
        • Cooling Description: Electric
        Building and Construction
        • Floor Description: Vinyl
        • Year Built: 1964
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-03-31T16:00:09.000-00:00
          Taxes, Fees & More
          • Taxes: 16925

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          03/31/2026
          Listed
          $910K
           
          $479 ft2
          $5,161 m2
          03/31/2026
          $910K
          Event
          Listed
          Price Per
          $479 ft2
          $5,161 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Amir PanjwaniLifestyle International Realty • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          66

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          38

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          63

          100
          Sound Score®
          Very loud
          74

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          31

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          3 – 3 BR
          Bedrooms
          $410K – $910K
          Price Tier
          420 - 2,920
          SqFt Range
          1957
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None

          Miramar
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