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.
The median home value in Hollywood, FL is $479,800. This is higher than the county median home value of $394,500. The national median home value is $338,100. The average price of homes sold in Hollywood, FL is $479,800. Approximately 65.94% of Hollywood homes are owned, compared to 28.37% rented, while 5.69% are vacant. Hollywood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hollywood real estate agent to arrange a tour today!
Hollywood, Florida 33025 has a population of 134,306. Hollywood 33025 is less family-centric than the surrounding county with 25.97% of the households containing married families with children. The county average for households married with children is 27.2%.
The median household income in Hollywood, Florida 33025 is $75,200. The median household income for the surrounding county is $64,522 compared to the national median of $69,021. The median age of people living in Hollywood 33025 is 38.2 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 57.7 degrees. The average rainfall is approximately 64.3 inches per year, with 0 inches of snow per year.