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$ 1,200,000
Est. payment /mo
New
1841 Mayo St Hollywood, FL 33020
28,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 28,000 sqft
Price per Sqft $42
MLS Listing ID A12004408
HOA Y/N No
Annual Tax Amount $7,329
Lot Size 16377.001 Acres
Acres 16377.0
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Broward
Area 3050
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 514222330090
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12004408

Listed by Worth International Realty, Inc
NEARBY SCHOOLS & PROPERTIES

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