REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,200,000
Est. payment | /mo
16,377 Acres Lot
$ 1,200,000
Est. payment | /mo
16,377 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12070949
HOA Y/N No
Annual Tax Amount $7,329
Tax Year 2025
Lot Size 16377.001 Acres
Acres 16377.0
Lot Dimensions 120x140
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Broward
Area 3050
Zoning FH-2
Exterior
Utilities Available Electricity Available, Sewer Available, Trash Collection, Water Available
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 514222330090
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12070949
Listed by Worth International Realty, Inc