Lakeshore At University Park, Sherman Cir Miramar, FL, 33025

$1,600,000Price
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Size: 26,364 ft2 / 2,449 m2
Price: $61 ft2 / $653 m2
MLS Number: A11701317
On Site: 22 Days
Updated: 7 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: 15
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
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Price History
12/11/2024

Date

Price Increased

Event

$1.6M

Price

6.67%

Change Rate

$61 ft2 / $653 m2

Price Per

11/29/2024

Date

Listed

Event

$1.5M

Price

$57 ft2 / $612 m2

Price Per

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 .

Instant Comparative Market Analysis
$NaN/ft²

Unit Sherman Cir – Asking

$NaN/ft²

(0%) from Closed Medium $/ft²

Closed Medium $/ft²

$308/ft²
Community $/Price Range (Closed) $226/ft² – $427/ft²
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