Estimated payment $9,682/month
Highlights
- 0.61 Acre Lot
- No HOA
- Fenced
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,020
Lot Details
- 0.61 Acre Lot
- West Facing Home
- Fenced
- Cleared Lot
- Property is zoned RM4
Community Details
- No Home Owners Association
- University Park Parcels 4 Condos
- University Park Parcels 4 Subdivision
Listing and Financial Details
- Assessor Parcel Number 514121092070
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/12/2024 12/12/24 | Price Changed | $1,600,000 | +6.7% | -- |
11/29/2024 11/29/24 | For Sale | $1,500,000 | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11701317

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