Price History

$1,500,000
11/29/2024

$1,600,000
12/11/2024

$1,500,000
12/12/2024

$1,600,000
12/13/2024


Sherman Cir, Miramar, FL, 33025

Sherman Cir, Miramar, FL, 33025

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.


Status:

Active

Type:

Land (Residential)

Zoning:

RM4

Subdivision:

UNIVERSITY PARK PARCELS 4

Acreage:

0.61

Est. Taxes:

$9,020

Days on Market:

15

MLS #:

A11701317


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX 5 Star Realty Phone: 954-361-0000