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Land in Miramar, FL 33025Honey Place, Sherman Cir
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OFF MARKET
0.61
AcreStatus
OFF MARKETExpired
Size
0.61 Acres (2,449 m2)
Price
$1,967,213/Acre ($490/m2)
Type
Land
MLS Number
A11701317
On Site
655 Days
Updated
399 Days ago
Page Views
0
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.
Features
All features
- Property SqFt: 26364
- 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.
- Internet 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.
- Waterfront: No info
- Directions: West
- Days on Market: 256
- Office Name: RE/MAX 5 Star Realty
- Area: 26364
- Taxes: 9020
- Tax Year: 2024
- Listing Date: 2024-11-29T13:33:04.000-00:00
- Lot Size Square Feet: 26364
Apples-to-Apples Comparables
Price History
Current
$1.2M
High
$1.6M
Low
$1.2M
Total Change
-20%Date
Event
Price
Change
Price Per
08/12/2025
Price Reduced
$1.2M
-25%$46 ft2
$490 m2
12/11/2024
Price Increased
$1.6M
6.67%$61 ft2
$653 m2
11/29/2024
Listed
$1.5M
$57 ft2
$612 m2
08/12/2025
$1.2M
Event
Price Reduced
Change
-25%Price Per
$46 ft2
$490 m2
12/11/2024
$1.6M
Event
Price Increased
Change
6.67%Price Per
$61 ft2
$653 m2
11/29/2024
$1.5M
Event
Listed
Price Per
$57 ft2
$612 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Randall Sanz • RE/MAX 5 Star Realty • Buyer Agency Compensation .
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Scores
21
100
30
100
35
100
75
100
3
100
34
100
0
100
Community Snapshot
3 – 3 BR
Bedrooms
$426K – $725K
Price Tier
991 - 1,744
SqFt Range
1983
Year Build
1
Total Floors
Subdivision Amenities
Maintenance
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University Park Communities in Miramar, FL
Premium
Premium 1
Entry-Level
Entry-Level 3
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