Sherman Cir, Miramar, FL 33025

$1,600,000
List Price
$1,600,000
Price Change
▲ $100,000 1733984371
MLS#
A11701317
Status
ACTIVE
Type
Land

Property Description

This prime development opportunity in Miramar, Florida, located on Sherman Circle N, has approved site plans for constructing eight luxury townhomes. The project is valued at an appraised $5.2 million, offering a substantial return on investment in one of South Florida's most desirable areas. The townhomes will feature upscale, contemporary finishes, with each unit comprising three bedrooms, two and a half baths, and a three-car garage. The homes are designed with spacious 2,000 sq. ft. layouts spread across three stories. Each unit will also include a 135 sq. ft. balcony and inviting outdoor spaces, ideal for relaxation or entertaining. The development is strategically positioned to exploit the growing demand for Airbnb/short-term rental properties.

Additional Information

Days on Market
24
Tax Amount
$9,020
Parcel Number
514121092070
Front Exposure
West
Lot Size
26,364
Address
Sherman Cir, Miramar
Development Name
University Park Parcels 4
Development
University Park Parcels 4
Section
21

Listing Courtesy of RE/MAX 5 Star Realty, Contact: