2320 SW 60th Way

    Miramar, FL 33023
    • $875,000
    • STATUS: Active
    • ON SITE: 147 days
    • MLS #: A10507660
    UPDATED: 52 min ago
    $875,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1972
    County:
    Area:

    School Ratings & Info

    Description

    7,165 square foot industrial building with large fenced in parking lot. Perfect building for your business and excellent investment opportunity for all investors. Property contains three separate warehouse bays with offices, a large 2 bedroom 2 bathroom apartment upstairs and much more.One of the bays is being used as a City approved Church, there is fabric/purse manufacturer, a basic warehouse storage tenant, and large apartment. The total actual gross operating income is $86,400 per year netting $65,299 providing an investor with a strong 7.5% capitalization rate.An investor can raise rents to market rates and increase NOI which would provide a higher capitalization rate of 9.28%. Do not disturb existing tenants or property, all showings are by appointment only.

    Monthly Payment Calculator



    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-12-15T19:41:02.487.
    www.welovesouthflorida.com/homes/85819366

    2320 SW 60th Way Miramar, FL 33023

    • Price: $875,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: A10507660
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1972
    Built
    Neighborhood:
    3100
    County:
    Broward
    Area:
    3100
    Property Description
    7,165 square foot industrial building with large fenced in parking lot. Perfect building for your business and excellent investment opportunity for all investors. Property contains three separate warehouse bays with offices, a large 2 bedroom 2 bathroom apartment upstairs and much more.One of the bays is being used as a City approved Church, there is fabric/purse manufacturer, a basic warehouse storage tenant, and large apartment. The total actual gross operating income is $86,400 per year netting $65,299 providing an investor with a strong 7.5% capitalization rate.An investor can raise rents to market rates and increase NOI which would provide a higher capitalization rate of 9.28%. Do not disturb existing tenants or property, all showings are by appointment only.
    Exterior Features

    Num Loading Doors 0 Num Parking Spaces 0 Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 0.0000 Maximum Ceiling Height 0.0000 Num Offices 0

    Property Features

    Approximate Lot Size 10794 Electric Service 110 Volts Power Flood Zone X Num Bays 3 Section 24 Tax Amount 13201 Tax Year 2017

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-12-15T19:41:02.487.
     
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