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 5.6% capitalization rate.

Address

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Address: 60th Ter
City: Miramar
State/county: Broward County
Zip/Postal Code: 33023

Details

Updated on April 17, 2026 at 2:27 am

Property ID A11900859
Price $1,575,000
Year Built 1967
Type Industrial
Property Status Commercial Sale

Additional details

BuildingAreaTotal 4270
BuildingAreaUnits Square Feet
BusinessType Industrial
ContractStatusChangeDate 2025-10-22
DaysOnMarket 176
Electric 110 Volts Power
ExpirationDate 2026-08-26
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-453-1000
LotSizeSquareFeet 11607
MajorChangeTimestamp January 16, 2026 at 04:07pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp April 16, 2026 at 04:14pm
NumberOfBuildings 1
NumberOfUnitsInCommunity 0
OnMarketDate 2025-10-22
OriginalEntryTimestamp October 22, 2025 at 05:29pm
OriginalListPrice 1600000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 514124010290
ParkingTotal 0
PhotosChangeTimestamp October 22, 2025 at 05:31pm
PhotosCount 33
PostalCodePlus4 2936
PreviousListPrice 1600000
PriceChangeTimestamp January 16, 2026 at 04:07pm
PublicSurveyRange 51
PublicSurveySection 24
PublicSurveyTownship 51
ShowingInstructions Appointment Only, See Broker Remarks
SourceSystemKey 422196559
SpecialListingConditions Sale
StateOrProvince FL
StatusChangeTimestamp October 22, 2025 at 05:29pm
Stories 1
StoriesTotal 1
StreetDirPrefix SW
StreetName 60th Ter
StreetNumber 2220
StreetNumberNumeric 2220
StructureType Industrial, Free Standing
SyndicationRemarks 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 5.6% capitalization rate.
TaxAnnualAmount 13040
TaxLegalDescription STURDEVANTS ADD TO WEST HOLLYWOOD 4-14 B LOTS 13 & 14 BLK 9