Active

Sherman Cir

Miramar FL, 33025

$1,600,000


$60.69 per sqft

Active

0.61 Acres

Land

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.

A11701317

MLS ID

November 29, 2024

Listed

February 20, 2025

Updated

Exterior/Building Features

Lot Size

0.61 Acres


Lot Features

Cleared, Fenced

Other Property Details

Area Name

University Park Parcels 4


Taxes

$9,020


Tax Frequency

Annually


Days on Market

15


Garage

No


View

No


County

Broward County


Pool

No


Zoning

RM4

Listing History

Date

Event

Price

12/12/2024

Price change

$1,600,000

6%

Listed by:  RE/MAX 5 Star Realty
Listing Contact: 305-968-6238 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 7:11 PM UTC, 2/20/2025.

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