2220 Sw 60th Ter, Miramar, FL 33023

$1,425,000

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List Price
$1,425,000
Price Change
▼ $150,000 1781826591
MLS#
A11900859
Status
ACTIVE
Type
Commercial

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 6.3% capitalization rate.

Additional Information

Days on Market
280
Tax Amount
$13,040
Parcel Number
514124010290
Lot Size
11,607
Address
2220 Sw 60th Ter, Miramar
Year Built
1967
Section
24

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Listing Courtesy of RE/MAX 5 Star Realty, Contact: