University Park Parcels 4 For Sale
Sherman Cir, Miramar, FL 33025

$1,600,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11701317
  • Virtual Tour: YES
  • List Price: $1,600,000
  • Taxes:$9,020
  • Listing Date:November 29, 2024
  • Days On Market:24

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.

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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker