1841 Mayo St Active

Hollywood,FL 33020

$ 1600000

42 Beds

42 Baths

1003 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,003 sqft

Price per Sqft $1,595

Subdivision Alden Manor

MLS Listing ID A11789067

Style One Story

Bedrooms 42

Full Baths 42

Year Built 2025

Annual Tax Amount $7,329

Tax Year 2024

Lot Size 0.376 Acres

Property Sub-Type Single Family Residence

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 42 one-bedroom units, or 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

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Exterior Feature Awning(s)

Pool None

View Y/N No

View None

Roof Type Other

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Public

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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