$1,600,000
For Sale
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • SubdivisionUNIVERSITY PARK PARCELS 4
      • Lot DescriptionCleared, Fenced
      • CountyBroward County
      • Property SubtypeResidential
      • Structure TypeResidential
      • MLS #A11701317
      • MLS #A11701317
      • Property TypePurchase
      • Cost1600000
      • Acres0.605

Location

Wil EstradaThe Estrada Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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