2312 60Th TerMiramar, FL 33023

Property Details for 2312 60Th Ter

Year built

1963

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

842 SF

Zone code

SD

Property type

Office buildings

APN

51-41-24-01-0600

APU

514124010600

Description

This exceptional single-tenant office building at 2312 SW 60th Terrace presents a unique opportunity for businesses seeking a convenient and secure location. The property is zoned B-3, offering flexibility for a variety of commercial uses. The building itself consists of a single suite, ideal for a small to medium-sized business seeking a private and self-contained workspace. A significant advantage is the presence of a substantial fenced yard, providing ample space for parking cars, boats, RVs, or general storage. It's important to note that the yard is separate from the building structure itself. The property's APN is 514124010600. The lot size is not specified. This property is perfect for a business that values both a functional office space and the added benefit of secure outdoor storage. The single-tenant occupancy ensures privacy and control over the entire premises. This is a rare opportunity to acquire a well-situated office building with unique outdoor space in a desirable location. Serious inquiries are encouraged to explore this exceptional offering further. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $242,340

  6.5%

  $223,698

  7%

  $207,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $361,117

  Geo Method

  $361,117

• Alternative Use

  Use

  Valuation

  Residential

  $277,386

  Hospitality

  $254,084

  Educational

  $211,395

  Medical

  $218,665

  Retail

  $328,836

Location Insight

City

Miramar

County

Broward

State

Florida

Latitude

25.9893

Longitude

-80.2079

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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