Investment Overview

Marcus & Millichap is pleased to exclusively offer for acquisition a fully site plan approved nine-unit boutique townhouse development opportunity strategically located in the city of Miramar, Broward County, Florida. This shovel-ready project significantly mitigates entitlement risk, allowing for immediate commencement of construction. The approved development features a thoughtfully designed unit mix comprising three two-bedroom/two-bathroom units with garages (averaging 1,060 square feet), three three-bedroom/two and a half bathroom units (averaging 1,260 square feet), and three larger three -bedroom/two and a half bathroom units (averaging 1,380 square feet), catering to a diverse range of potential residents within this dynamic South Florida market. Miramar is a dynamic and rapidly growing city known for its diverse population, family-friendly environment, and convenient access to major employment centers, transportation corridors, and lifestyle amenities. The city’s multicultural appeal is a significant draw, attracting a diverse resident base seeking a vibrant community. Miramar offers a range of recreational opportunities, including parks, cultural centers like the Miramar Cultural Center/Artspark, and a diverse culinary scene. Its location provides easy access to major highways, including Interstate-75 and the Florida Turnpike, facilitating commutes to employment hubs in Fort Lauderdale, Miami-Dade County, and beyond. Furthermore, its proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport adds to its economic appeal.