




$1,600,000 USD
Industrial Property for Sale, 2220 SW 60th Ter, Miramar, Florida 33023
- MLS#A11900859
Listed By RE/MAX 5 Star Realty
The Industrial Property for Sale located at 2220 SW 60th Ter, Miramar, Florida 33023 is currently for sale. 2220 SW 60th Ter, Miramar, Florida 33023 is listed for $1,600,000.
Property features
Lot/Land
- Land/Lot size:
1,078 m² (11,607 ft²)
Construction
- Year built: 1967
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 $82,036 annually, offering investors a 5.12% capitalization rate.
Location
2220 SW 60th Ter, Miramar, Florida 33023