7
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$1,600,000
Est. payment /mo
16,377 Acres Lot
Active
1841 Mayo St Hollywood, FL 33020
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Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Alden Manor
MLS Listing ID A11814193
HOA Y/N No
Annual Tax Amount $7,329
Tax Year 2024
Lot Size 16377.001 Acres
Acres 16377.0
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
Exterior
Private Pool Yes
Building
Lot Description 1/4 to 1/2 Acre Lot
Faces South
Sewer Public Sewer
Water Public
Others
Tax ID 514222330090
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11814193
Listed by Worth International Realty, Inc