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2220 SW 60th Ter, Miramar FL 33023

Commercial For Sale
$1,425,000

BTC: 22.26562500

ETH: 748.95934071

-$175K (2026/06/18)
265 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1967
Lot:
11607 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,425,000
$705K – $2.5M
Confidence Low
List vs. estimate
At estimate
List $1,425,000 · +0.0%
List is in line with recent comparable activity.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,040
All facts and features
  • Lot

    • Lot: 11607 Square Feet

    Other Property Information

    • Parcel Number: 514124010290

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $13,040

  • Source details

    • MLS ID: A11900859

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX 5 Star Realty