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.
RE/MAX 5 Star Realty
Features & Details
Learn about the features and details of Sherman Cir
Property Details
Property Type
Residential
Living Area
-
Year Built
Year Built
Lot Size
26,364 sqft
Stories
-
Annual Tax
$9,020.00
List Date
11/29/2024
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11701317
Brokerage
RE/MAX 5 Star Realty
Postal Code
33025
Area
Broward
City
Hollywood
Additional Property Features
Occupancy
Available
List Price
$1,600,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for Sherman Cir
20.5%100%
30 Years
Estimated Monthly Payment
$6,445
Cash Flow Analysis
Mortgage Payment:
$6,445
Monthly Payment:
$7,196.67
Break Even Down Payment:
100%
Cash Flow
$0
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FAQs About Sherman Cir
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.