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1847 Mayo St - MAYO ST APARTMENTS

0.38 Acres of Residential Land Offered at £1,291,043 in Hollywood, FL 33020

Executive Summary

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.

Property Facts

Price £1,291,043
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.38 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £1,291,043
Price Per AC £3,433,953
Lot Size 0.38 AC

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.

Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code MULTI-FAMILY (FH-2 PS-1)
MULTI-FAMILY (FH-2 PS-1)
  • Listing ID: 33663817

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 1847 Mayo St, Hollywood, FL 33020

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