
About This Home
This development opportunity consists of two adjacent lots at 1841 and 1847 Mayo Street in Hollywood, offering a combined 16,377-square-foot development site currently generating approximately $4,000 per month in rental income. The property is zoned for high-intensity multifamily use and presents the potential to develop up to 32 residential units, with a proposed mix of four studios, 14 one-bedroom units, and 14 two-bedroom units. Located in a rapidly growing Hollywood market with strong rental demand, the property offers an attractive opportunity for developers and investors seeking to capitalize on continued area growth. Both properties are currently tenant-occupied on month-to-month leases, providing immediate rental income while maintaining flexibility for future redevelopment.
Building & Association
- Building Name
- Alden Manor
- Association
- No
Lot & Construction
- Lot Features
- Sidewalk, Street Lights
- Lot Size Square Feet
- 16,377
- Waterfront
- No
- View
- No
- New Construction
- No
Public Records
- Parcel Number
- 514222330090
- Tax Annual Amount
- $7,329
- Tax Year
- 2,025
- Zoning
- FH-2
- County Or Parish
- Broward County
Location
Courtesy of Worth International Realty, Inc
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