2220 SW 60th Ter, Miramar FL 33023

About This Property

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.

Property Details

Property Type

Industrial

Status

Active

MLS #

A11900859

Building Area

4,270 SF

Lot Size

11,607 SF

Year Built

1967

Days on Market

295

Price

$1,425,000