1841 Mayo St Active

Hollywood,FL 33020

$ 1600000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Alden Manor

MLS Listing ID A11814193

Annual Tax Amount $7,329

Tax Year 2024

Lot Size 16377.001 Acres

Property Sub-Type Residential

Property Description

DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together, offering a combined total of 16,377 sq. ft. in the site plan development phase. 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

Community Alden Manor

Area 3050

Building

Lot Description 1/4 to 1/2 Acre Lot

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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