1847 Mayo St - MAYO ST APARTMENTS 0.38 Acres of Residential Land Offered at $1,650,000 in Hollywood, FL 33020
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,650,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.38 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $1,650,000 |
| Price Per AC | $4,388,718.07 |
| 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.
DESCRIPTION
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. Property has two homes currently rented on a monthly basis.
ZONING
| Zoning Code | MULTI-FAMILY (FH-2 PS-1) |
