1841 Mayo St, Hollywood FL 33020
Income/MultiFamily in Hollywood
$1,200,000
Listing courtesy of Worth International Realty, Inc; Teresa Rios. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Income/MultiFamily, Commercial Land
Details
Overview
Description
This development opportunity consists of two adjacent lots at 1841 and 1847 Mayo Street in Hollywood, offering a combined 16,377-square-foot development site currently generating approximately $4,000 per month in rental income. The property is zoned for high-intensity multifamily use and presents the potential to develop up to 32 residential units, with a proposed mix of four studios, 14 one-bedroom units, and 14 two-bedroom units. Located in a rapidly growing Hollywood market with strong rental demand, the property offers an attractive opportunity for developers and investors seeking to capitalize on continued area growth. Both properties are currently tenant-occupied on month-to-month leases, providing immediate rental income while maintaining flexibility for future redevelopment.
This income/multifamily home located at 1841 Mayo St, Hollywood FL 33020 is currently for sale and has been available on Brickellsold for 1 day. 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.
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