1847 Mayo St - MAYO ST APARTMENTS
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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 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
Sale Conditions | Development Sale | Total Lot Size | 0.38 AC |
No. Lots | 1 | Opportunity Zone |
Yes
|
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 | Lot Size | 0.38 AC |
Price Per AC | £3,433,953 |
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.
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Walk Score ®
Very Walkable (83)
zoning
Zoning Code | MULTI-FAMILY (FH-2 PS-1) |
MULTI-FAMILY (FH-2 PS-1) |
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1847 Mayo St - MAYO ST APARTMENTS
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