$700,000
$725,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
2220 SW 60th Ter Miramar, FL 33023
0.27 Acres Lot
Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID A10515089
Sold Date 03/05/21
Style Detached
HOA Y/N No
Year Built 1967
Annual Tax Amount $13,040
Tax Year 2017
Lot Size 0.266 Acres
Property Description
Great freestanding industrial building with large fenced lot in Miramar Florida. Most automotive uses are allowed by City. This warehouse contains 4,270 sf of leasable space sitting on a large 11,607 sf lot.
This property is currently 100% occupied with 2 tenants. One is occupying 2,600 sf plus lot is paying $4,176 per month. One tenant is leasing the small bay for $2,000.00 per month which is 1,670 sf.
This property is currently grossing $74,112 annually. Net operating income is $58,072 per year, giving this property a strong 8% capitalization rate.
Please do not disturb existing business. Please call for additional information or to receive an offering package.
Location
State FL
County Broward County
Area 3080
Building
Architectural Style Detached
Others
Tax ID 514124010290
Financing Seller Financing
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Bought with RE/MAX 5 Star Realty