DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 and 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

1841 MAYO ST, Hollywood

$1,400,000 USD 42 42
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Address1841 MAYO ST, Hollywood
Building NameALDEN MANOR
Type of PropertySingle Family Residence
Property StyleR30-No Pool / No Water
Price$1,400,000
Previous Price$1,600,000 (8 days ago)
Property StatusActive
MLS NumberA11789067
Bedrooms Number42
Full Bathrooms Number42
Living Area1003
Lot Size16377
Year Built2025
Folio Number514222330090
Zoning InformationFH-2
Days on Market107

Detailed Description: DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 and 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.

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Address Information
StateFlorida
CityHollywood
CountyBroward County
Zip Code33020
Address1841 MAYO ST
Section22
Zip Code (4 Digits)6319
Financial Information
Price$1,400,000
Price per Foot$0
Previous Price$1,600,000
Folio Number514222330090
Tax Amount$7,329
Tax Year2024
Full Descriptions
Detailed DescriptionDEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 and 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.
Property ViewNone
Design DescriptionAttached, One Story
Roof DescriptionOther
Floor DescriptionTile
Interior FeaturesFirst Floor Entry, Family Room
Equipment AppliancesRefrigerator
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Parking DescriptionDriveway
Property parameters
Bedrooms Number42
Full Baths Number42
Living Area1003
Lot Size16377
Zoning InformationFH-2
Year Built2025
Type of PropertySingle Family Residence
StyleR30-No Pool / No Water
Building NameALDEN MANOR
Development NameALDEN MANOR
Construction TypeConcrete Block Construction
Listed withWorth International Realty, Inc