DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together, offering a combined total of 16,377 sq. ft. in the site plan development phase. 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.
Worth International Realty, Inc
Features & Details
Learn about the features and details of 1841 Mayo St
Property Details
Property Type
Residential
Living Area
-
Year Built
Year Built
Lot Size
16,377 sqft
Stories
-
Annual Tax
$7,329.00
List Date
6/2/2025
Updated
6/10/2025
Last Checked
Recent
MLS Number
#A11814193
Brokerage
Worth International Realty, Inc
Postal Code
33020
Area
Broward County
City
Hollywood
Additional Property Features
Occupancy
Available
List Price
$1,600,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
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Real estate trends
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Mortgage Calculator
Estimate monthly payments for 1841 Mayo St
20.5%100%
30 Years
Estimated Monthly Payment
$6,445
Cash Flow Analysis
Mortgage Payment:
$6,445
Monthly Payment:
$7,055.75
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this impressive residential in the heart of East Hollywood, Hollywood. Offered at $1,600,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.