Property Description
DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16,377 sq. ft. 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 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.
Features
- Sewer
Address Map
- State:
- FL
- County:
- Broward
- City:
- Hollywood
- Zipcode:
- 33020
- Street:
- 1841 Mayo St, Hollywood, Florida 33020
- Longitude:
- W81° 51' 21.1''
- Latitude:
- N25° 59' 55''
MLS Addon
- Building Area:
- 28,000 Sqft
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 514222330090
- Structure Type:
- Apartment
- Tax Annual Amount:
- $7,329
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1841 Mayo St, Hollywood, Florida 33020, Hollywood, Florida 33020
16,377 Sqft
$1,200,000
MLS # #A12004408
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,200,000
- Lot Area :
- 16,377 Sqft
- MLS # :
- A12004408
- Property Sub Type :
- Multi Family
