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1847 Mayo St
Hollywood, FL 33020

$1,650,000 USD

Land For Sale  •  0.38 AC

Property Details

  • Property Type Land
  • Lot Size 0.38 AC
  • Zoning MULTI-FAMILY
42 Transit Score
83 Walk Score

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.

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 2.9 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 9 min - 4.1 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 14 min - 7.9 mi
Miami International 41 min - 23.8 mi
Teri Rios 305-733-0706 Worth International Realty
Teri Rios 305-733-0706 Worth International Realty