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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1841 Mayo St , Hollywood, FL 33020
$1,200,000
Est. Payment: $2,666.67/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 1
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WITR01 - 0588460
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by Teresa Rios , 305-733-0706 Worth International Realty, Inc , 305-733-0706.

Property Type

Vacant Land
Lot/Acreage
0.38

County

Broward

Area

3050

 Neighborhood

Alden Manor

Listing ID

A12072959

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Zoning:FH-2
Principal Interest
$2,667
Taxes
$611

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $610.75 $0.00 $3,277.42
Yearly $32,000.00 $7,329.00 $0.00 $39,329.00
Total $960,000.00 $219,870.00 $0.00 $1,179,870.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.