Sherman Cir
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Sherman Cir
0.61 Acres of Commercial Land Offered at $1,600,000 in Miramar, FL 33025
Investment Highlights
- Sherman Circle Development Site
- 26,364 SF Lot
- Approved Plans for 8 Townhome Units!
Executive Summary
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.
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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Property Facts
Price | $1,600,000 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Multifamily |
No. Lots | 1 | Total Lot Size | 0.61 AC |
Property Type | Land |
Price | $1,600,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Multifamily |
Total Lot Size | 0.61 AC |
1 Lot Available
Lot
Price | $1,600,000 | Lot Size | 0.61 AC |
Price Per AC | $2,643,606 |
Price | $1,600,000 |
Price Per AC | $2,643,606 |
Lot Size | 0.61 AC |
26,364 SF
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PROPERTY TAXES
Parcel Number | 51-41-21-09-2070 | Improvements Assessment | $0 |
Land Assessment | $448,190 | Total Assessment | $448,190 |
PROPERTY TAXES
Parcel Number
51-41-21-09-2070
Land Assessment
$448,190
Improvements Assessment
$0
Total Assessment
$448,190
zoning
Zoning Code | RM-4 (Residential Multi-Family) |
RM-4 (Residential Multi-Family) |
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Sherman Cir
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