Property Description

DEVELOPMENT OPPORTUNITY! Site plan development phase, two lots being sold 1841 / 1847 Mayo Street, for a combined total of 16,377 sq ft. A potential income opportunity for luxury apt. complex. Zoned high-intensity, multi-family, build up-to 42 units (1/1) or 32 units combined consisting of studios (4), one bedrooms (14) and two bedrooms (14). The possibilities are endless with these two properties combined. Rental properties are in high demand in this growing market. Current rental income $1500 per home that sits on these properties, below market value. Paying month to month tenants.

Features
: City Location, 1-2.5 Acres, Corner Lot
: Public Sanitation
: Electricity Available, Electricity Connected, Sewer Connected, Water Connected, Sewer Available, Water Available, Phone Available, Phone Connected, Trash Removal
Address Map
FL
Broward County
Hollywood
33020
1841 Mayo St
ALDEN MANOR
0
W81° 51' 21.5''
N25° 59' 55.5''
ALDEN MANOR
MLS Addon
158
: County Road
$6,348
2023
: Municipal Water
FH-2

Commercial Land For Sale

1841 Mayo St, Hollywood, Florida 33020

8,189 Sqft
$1,650,000
Listing ID #A11662865
Basic Details
Property Type : Commercial Land
Listing Type : For Sale
Listing ID : A11662865
Price : $1,650,000
Lot Area : 8,189 Sqft
Status : Active
Agent info
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