About 1841 Mayo Street
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.
Features of 1841 Mayo Street
| MLS® # | A12070949 |
|---|---|
| USD | $1,200,000 |
| CAD | $1,670,832 |
| CNY | 元8,067,360 |
| EUR | €1,037,360 |
| GBP | £889,361 |
| RUB | ₽103,626,960 |
| Acres | 16,377.00 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 1841 Mayo Street |
|---|---|
| Area | 3050 |
| City | Hollywood |
| County | Broward |
| State | FL |
| Zip Code | 33020 |
Amenities
| Utilities | Electricity Available, Sewer Available, Water Available, Trash Removal |
|---|---|
| Is Waterfront | No |
School Information
| Elementary | Colbert |
|---|---|
| High | South Broward |