1841 Mayo St, Hollywood, FL 33020

For Sale $1,600,000

Description

DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together, offering a combined total of 16,377 sq. ft. in the site plan development phase. This is a prime income-generating opportunity to build a luxury apartment complex in the rapidly growing Hollywood market. Zoned for high-intensity, multi-family use, the property allows for up to 42 one-bedroom units, or 32 units with a mix of 4 studios, 14 one-bedrooms, and 14 two-bedrooms. With rental demand currently high in the area, the possibilities for development are endless. Both properties are currently tenant-occupied on month-to-month leases, providing flexibility for future plans.

1841 Mayo St, Hollywood, Fl 33020 | Floor Plans

  • Days On Market:
    1
    Listed:
    Apr 22, 2025
  • Size:
    1003 ft2 (93m2)
    Rooms:
    42
  • Bathrooms:
    42
    Baths Half:
    0
  • Terms:
    All Cash, Conventional
    Property Facing:
    South
  • Last Modification:
    1 day ago
     

Property Taxes and Assessment

  • Annual Tax
    $7,329
  • Tax Year
    2024
  • Maintenance Fee
    N/A
  • Association Fee
    N/A
  • Terms
    All Cash, Conventional

Property Features

Facts and features
Views
  • None
  • Interior Features
  • First Floor Entry
    Family Room
  • Appliances
  • Refrigerator
  • Parking
  • Driveway
  • Other Facts
    Heating
  • Central
  • Cooling
  • Central Air
  • Flooring
  • Tile
  • Water Source
  • Municipal Water
  • Sewer
  • Public Sewer
  • Amenities
    Patio And Porch Features
  • Awning(s)
  • Community Features
  • None
  • Architectural Style
  • Attached
    One Story
  • Construction Materials
  • Concrete Block Construction
  • Structure Type
  • R30-No Pool/No Water
    House
  • Tell Us More About Your SearchFind your perfect condo

    -->
    Courtesy Of:Worth International Realty, Inc