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Property profile & analytics
FOR SALE
Warehouses
2220 SW 60Th Ter Miramar, FL 33023
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4757699
For Sale
1 / 30
$1,425,000
2220 SW 60Th Ter, Miramar, FL 33023
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Construction
CONCRETE
Total area
2,940 SF
Lot
0.27 ac (11,607 SF)
Zoning code
SD
APN
51-41-24-01-0290
UPID
US18-4757699
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$750k
Owner & transaction history
E&s Sun Sw LLC · 5 yrs held
E&s Sun Sw LLC
since 2021
Last sale
$700,000
3 recorded transactions
Zoning & alternative use
SD · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+24.0%
Office building
$885,000
+6.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miramar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$935,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
$530,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$830,000
Current use
MEDICAL BUILDING
$1,030,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$885,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$730,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $700k (Mar 8 2021)
Last sale anchor
$700k
Mar 8 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$255 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,565
Tax year 2023
Assessed value
$708,930
Assessed 2023
Previous assessed
$628,360
+12.8% YoY
Effective rate
2.48%
On assessed value
Assessed land
$92,860
Assessed improvement
$616,070
Land market value
$92,860
Improvement market value
$616,070
Total market value
$708,930
Applied tax rate
2,713.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
2,940 SF
Lot
0.27 ac (11,607 SF)
Zoning code
SD
APN
51-41-24-01-0290
UPID
US18-4757699
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
SD · Miramar, FLZoning SD · permitted uses
SD · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$830,000
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$885,000
RETAIL STORES
Est. value
$730,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
E&s Sun Sw LLC
Entity
Mailing address
1401 HUDSON ST APT PH8, HOBOKEN, NJ 07030-5667
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2021
$700,000
E&s Sun Sw LLC
D&s Equities Miramar LLC
Warranty Deed
$525,000 · D&s Equities Miramar LLC
Jan 11, 2017
$515,000
D & S Equities Miramar LLC
Mcconnell,denise
Warranty Deed
related
—
—
—
Christopher Mcconnell
—
Deed Of Trust
related
$100,000 · Bankatlantic Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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