
DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16,377 sq. ft. This is a prime income-generating opportunity to build a luxury apartment complex in the rapidly growing Hollywood market. Zoned for high-intensity, multi-family use, the property allows for up to 32 units with a mix of 4 studios, 14 one-bedrooms, and 14 two-bedrooms. With rental demand currently high in the area, the ...DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16,377 sq. ft. This is a prime income-generating opportunity to build a luxury apartment complex in the rapidly growing Hollywood market. Zoned for high-intensity, multi-family use, the property allows for up to 32 units with a mix of 4 studios, 14 one-bedrooms, and 14 two-bedrooms. With rental demand currently high in the area, the possibilities for development are endless. Both properties are currently tenant-occupied on month-to-month leases, providing flexibility for future plans.
View MoreCourtesy of
Agency Name: Worth International Realty, Inc
Agency Phone: 305-733-0706
Agent Name: Teresa Rios
Presented by
Agent Name: Luis Gonzalez
Agent Phone: 954.591.0942
Agency Title: The Keyes Company
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1841 Mayo St, Hollywood, FL 33020.
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