ActiveIncome/MultiFamily
1841 Mayo St, Hollywood FL 33020
Hollywood, FL 33020 · MLS #A12072948The residence
About this property
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.
At a glance
Property details
- Property type
- Income/MultiFamily
- Listing type
- For sale
- Status
- Active
- Lot size
- 16,377 sq. ft.
- County
- Broward County
- Days on market
- 1
- Original list price
- $1,200,000
- Listing date
- August 17, 2026
- Annual property tax
- $7,329
- Listing agent
- Teresa Rios
- Listing office
- Worth International Realty, Inc
- MLS number
- A12072948
Neighborhood & location
Explore Hollywood
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Broward County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $6,068
- Property taxes
- $611
- Homeowners insurance
- $600
- Estimated total
- $7,279
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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$995,000Listing courtesy of Worth International Realty, Inc, 305-733-0706.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.