Sherman Cir Miramar, FL 33025
- Land
Current Use by Public Records
- Land
Property Details for 0 Sherman Cir
- Property type
- Land
Description
This exceptional 26,364 square foot development site in Miramar, Florida, presents a lucrative investment opportunity. Located on N Sherman Cir, in Broward County (zip code 33025), this RM4 zoned land boasts approved plans for the construction of eight upscale townhomes. Each three-story unit encompasses 1,387 square feet of living space, featuring three bedrooms, two and a half bathrooms, and a three-car garage. Adding to the appeal, each townhome includes a 135 square foot balcony and is designed to accommodate short-term rentals, such as Airbnb, capitalizing on the high demand for vacation rentals in this desirable area. The approved plans provide a clear path to development, minimizing pre-construction hurdles and accelerating the return on investment. This prime location in Miramar offers easy access to local amenities and attractions, further enhancing the desirability of these luxury townhomes. The asking price for this exceptional development opportunity is $1,100,000. Don't miss this chance to acquire a high-potential investment property in a thriving Florida market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miramar
- County
- Broward
- State
- Florida
- Longitude
- -80.2565
- Latitude
- 25.9926
