1841 Mayo St, Hollywood FL 33020

Description of 1841 Mayo St, Hollywood FL 33020

This development opportunity consists of two adjacent lots at 1841 and 1847 Mayo Street in Hollywood, offering a combined 16,377-square-foot development site currently generating approximately $4,000 per month in rental income. The property is zoned for high-intensity multifamily use and presents the potential to develop up to 32 residential units, with a proposed mix of four studios, 14 one-bedroom units, and 14 two-bedroom units. Located in a rapidly growing Hollywood market with strong rental demand, the property offers an attractive opportunity for developers and investors seeking to capitalize on continued area growth. Both properties are currently tenant-occupied on month-to-month leases, providing immediate rental income while maintaining flexibility for future redevelopment.

Property Details for 1841 Mayo St, Hollywood FL 33020

Pool Private

No

Direction Faces

North

Building Information for 1841 Mayo St, Hollywood FL 33020

Building Name

Alden Manor

Building Area Units

Square Feet

Association

No

Property Information for 1841 Mayo St, Hollywood FL 33020

Lot Features

Sidewalk, Street Lights

Lot Size Square Feet

16,377

Waterfront

No

View

No

Water Source

Municipal Water

New Construction

No

Public Records for 1841 Mayo St, Hollywood FL 33020

Parcel Number

514222330090

Tax Annual Amount

$7,329

Tax Year

2,025

Tax Legal Description

ALDEN MANOR 24-8 B LOT 9 BLK 1

Zoning

FH-2

County Or Parish

Broward County

Location