Basic Information

  • MLS # A11701317
  • Type Residential
  • Status Active
  • Subdivision/Complex University Park Parcels 4
  • Total Size 26,364 Sq.Ft / 0.61 Acre
  • Date Listed 11/29/2024
  • Days on Market 167
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Residential

Interior Features

  • Adjusted Sqft 0.61 AcreSq.Ft
  • Sqft 0.61 Acre Sq.Ft

Property Features

  • Address Sherman Cir
  • Aprox. Lot Size 26,364
  • City Miramar
  • County Broward
  • Direction Faces West
  • Furnished Info no
  • Listing Terms Cash, Conventional, Owner May Carry
  • Possession Closing And Funding, Close Of Escrow
  • Postal City Miramar
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info University Park Parcels 4
  • Tax Amount $9,020
  • Tax Legal desc U N I V E R S I T Y P A R K P A R C E L S4,5&6104-1 B T R A C T A
  • Tax Year 2024
  • Terms Considered Cash, Conventional, Owner May Carry
  • Type of Property Residential

Sherman Cir

Miramar, FL 33025

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: RE/MAX 5 Star Realty. tel: 954-361-0000

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