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    2220 SW 60Th Ter Hollywood, FL 33023

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    For Sale
    $1,600,000

    Industrial warehouse with fenced lot, suitable for various uses.

    Lot size:
    0.27 Acres

    Property Features for 2220 SW 60Th Ter

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1967

    Source: RE/MAX 5 Star Realty Agent Natalie Tkacz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Industrial Warehouse in Miramar

    This freestanding industrial warehouse is located in Miramar, providing accessibility to major routes including SR-441, the Turnpike, I-95, and I-75. The property includes a large fenced lot with outdoor storage and secure parking. The space is suitable for a variety of industrial or automotive uses as permitted by the City of Miramar. The property is currently 100% occupied under full-service gross leases. Unit A comprises 2,950 square feet plus an outdoor lot and is used for satellite equipment repairs and future food-related projects. Unit B provides 1,350 square feet and supports equipment storage and material distribution. The property generates a gross income of $108,864 and nets $87,505 annually, offering investors a 5.47% capitalization rate.
    Insight Report Location Intelligence

    Current Use by Public Records

    Absolute Restoration Water Damage Restoration Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    public storage, West Storage Units, Self Storage, Nearby Storage Units - West Park, FL, Armor Self Storage Unit

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2079292
    Latitude
    25.9899806

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    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse with fenced lot, suitable for various uses.
    Where is this warehouse located?
    The property is located at 2220 SW 60Th Ter Hollywood, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Freestanding industrial warehouse.; - Prime Miramar location with excellent accessibility to SR-441, Turnpike, I-95, and I-75.; - Generates a gross annual income of $108,864 and a net annual income of $87,505, offering a 5.47% capitalization rate.
    (954) 279-6037
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    2220 SW 60Th Ter Hollywood, FL 33023
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    Hollywood, FL 33023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2220 SW 60Th Ter Hollywood, FL 33023
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