Sherman Cir ,Residential, University Park Parcels 4 for Sale

Sherman Cir for Sale

Price $1,600,000.00

• Lot size 26364
• Year Build
• Waterfront
• Zip 33025
• Style
• Parking Description
• Pool Yes
• Status Active

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.

UNIVERSITY PARK PARCELS 4,5 & 6 104-1 B TRACT A

Cleared, Fenced

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.

City:Miramar,Zoning:RM4,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.9901628,List Price:1600000,Listing Id:A11701317,Longitude:-80.2520586,Mls Status:Active,Current Use:1:Check Land Use Plan,Postal Code:33025,Street Name:Cir,Coordinates:1:25.9901628,Lot Features:1:Fenced,Photos Count:13,Building Name:UNIVERSITY PARK PARCELS 4,Days On Market:15,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Acres:0.605,Lot Size Units:Square Feet,M I A M I R E_ Area:3190,M L S Area Major:University Park Parcels 4,On Market Date:2024-11-29,Parcel Number:514121092070,Property Type:Land/Boat Docks,Street Number:Sherman,Public Remarks: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.,County Or Parish:Broward County,Direction Faces:West,List Office Name:RE/MAX 5 Star Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Property Sub Type:Residential,State Or Province:FL,Subdivision Name:UNIVERSITY PARK PARCELS 4,Tax Annual Amount:9020,Unparsed Address:Sherman Cir, Miramar FL 33025,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Lot Size Square Feet:26364,Original List Price:1500000,Previous List Price:1500000,Public Survey Range:51,I D X Participation Y N:1,Syndication Remarks: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 Contract Date:2024-11-29,Originating System I D:miamire,Public Survey Section:21,Showing Instructions:Call Listing Agent,Tax Legal Description:UNIVERSITY PARK PARCELS 4,5 & 6 104-1 B TRACT A,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Drive by,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-11-29,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,