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$ 1,600,000
Est. payment /mo
New
2220 SW 60th Ter Miramar, FL 33023
4,270 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,270 sqft
Price per Sqft $374
MLS Listing ID A11900859
Style Detached
HOA Y/N No
Year Built 1967
Annual Tax Amount $13,040
Lot Size 0.266 Acres
Property Sub-Type Industrial
Property Description
This freestanding industrial warehouse in prime Miramar offers excellent accessibility to major routes including SR-441, the Turnpike, I-95, and I-75. The property features a large fenced lot with ample outdoor storage, secure parking, and flexible space suitable for a variety of industrial or automotive uses permitted by the City of Miramar. Currently 100% occupied under full-service gross leases, Unit A (±2,950 SF + outdoor lot) is used for satellite equipment repairs and future food-related projects, while Unit B (±1,350 SF) supports equipment storage and material distribution. The property generates a gross income of $108,864 and nets $87,505 annually, offering investors a 5.47% capitalization rate.
Location
State FL
County Broward
Area 3080
Exterior
Private Pool Yes
Building
Story 1
Architectural Style Detached
Level or Stories One
Others
Tax ID 514124010290
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11900859
Listed by RE/MAX 5 Star Realty
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