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1847 Mayo St - MAYO ST APARTMENTS

0.38 Acres of Residential Land Offered at $1,650,000 in Hollywood, FL 33020

Residential Land & Home Lots Florida Hollywood 1847 Mayo St, 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 $1,650,000 Property Type Land
Sale Type Investment Property Subtype Residential
Sale Conditions Redevelopment Project Total Lot Size 0.38 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1,650,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.38 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $1,650,000 Lot Size 0.38 AC
Price Per AC $4,388,718
Price $1,650,000
Price Per AC $4,388,718
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)
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measures access to public transit. Bike Score®
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zoning

Zoning Code MULTI-FAMILY (FH-2 PS-1)
MULTI-FAMILY (FH-2 PS-1)
(305) 733-0706

  • Listing ID: 33663817

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 1847 Mayo St, Hollywood, FL 33020

The Land Property at 1847 Mayo St, Hollywood, FL 33020 is currently available For Sale. Contact Worth International Realty for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1847 Mayo St, Hollywood, FL for sale Primary Photo- Image 1 of 7
Primary Photo
1847 Mayo St, Hollywood, FL for sale Building Photo- Image 2 of 7
1841 1847 Mayo Site Area
1847 Mayo St, Hollywood, FL for sale Building Photo- Image 3 of 7
1841 : 1847 Mayo Land Development Info
1847 Mayo St, Hollywood, FL for sale Building Photo- Image 4 of 7
1841 : 1847 Mayo Building Units Plan
1847 Mayo St, Hollywood, FL for sale Building Photo- Image 5 of 7
1841 Mayo Street Photo
1847 Mayo St, Hollywood, FL for sale Building Photo- Image 6 of 7
1847 Mayo Street Photo.

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1847 Mayo St - MAYO ST APARTMENTS
(305) 733-0706 x

1847 Mayo St - MAYO ST APARTMENTS

Teri Rios

(305) 733-0706

(305) 733-0706

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