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$220,000

Beds
2
Baths
2.0
sq ft
832

8740 N Sherman Cir Unit 408, Miramar, FL 33025

8740 N Sherman Cir Unit 408

Miramar, FL 33025

  • 3 days on market
Don't miss this excellent investment opportunity! This spacious 2-bedroom, 2-bathroom corner unit is located on the 4th floor and offers serene views of the beautifully landscaped atrium garden between the buildings. The unit features ceramic tile flooring throughout, an in-unit washer and dryer, and a smart layout ideal for long-term tenants or future owner-occupants. Currently leased for $1,650/month through August, with strong potential for a rent increase, making it a great income-producing asset from day one. Located in a gated community with 24-hour security, the property is centrally situated near top-rated schools, shopping centers, major highways, and public transportation. Tenant-occupied – please do not disturb.

Details

Property type

Condominium

Est. home value

$220,381

Lot size

Unknown

Price per sq ft

$265

Year built

1983

Annual property taxes

$4,065

Monthly HOA fee

$411

Price History

03/27/2025
SEF

SEF #A11772137

Listed
$220,000
+193.33%
06/19/2014
SEF

SEF #A1925456

Sold
$75,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fremont Investment & Loan

Loan start date

February 2005

Original loan amount

$99,750

Est. remaining balance

Not provided

Interest rate

9.78%

Loan type

Not Provided, 30 year

Seller

Ramdeo Dhanpat and Jassodra Dhanpat

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:25 AM

Listing updated: 03/27/2025 at 8:06 PM

Listed by: Jose Rojo, Urban-O Real Estate Solution Phone #: (407) 822-1063

MLS: SEF #A11772137

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