$1,600,000
$100K PRICE INCREASE

Estimated payment $9,682/month

Total Views 2,981
0.61 Acre
$2,644,628 Price per Acre
26,354 Sq Ft Lot

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.

Listing Agent

Randall Sanz

RE/MAX 5 Star Realty License #3285074

RE/MAX 5 Star Realty

Co-Listing Agent

John DeMarco

RE/MAX 5 Star Realty License #3134747

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

Property Details

Property Type

Land

Est. Annual Taxes

$9,020

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: DBRG01
  • Co List Office Phone: 954-361-0000
  • Horses: No
  • Lot Size Acres: 0.605
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: UNIVERSITY PARK PARCELS 4
  • Special Features: VirtualTour

Exterior Features

  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Cleared, Fenced
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: UNIVERSITY PARK PARCELS 4

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514121092070
  • Additional Parcels: No
  • Current Use: Multi-Family, Check Land Use Plan
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 26364
  • Zoning: RM4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9020

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: MIAMI REALTORS® MLS

MLS Number: A11701317

MIAMI REALTORS® MLS