$1,200,000
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Income/MultiFamily, Commercial Sale
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.
This income/multifamily home located at 1841 Mayo St, Hollywood FL 33020 is currently for sale and it is a new listing on Brickellsold listed today. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is N/A square feet. 1841 Mayo St, Hollywood FL 33020 is in Hollywood county Broward County.
