1841 Mayo St, Hollywood FL 33020
Residential at Alden Manor 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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Residential, Land/Boat Docks
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 residential 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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Property
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Construction
Community & HOA
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- Subdivision: Alden Manor
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