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1841 Mayo St, Hollywood FL 33020

Commercial For Sale
$1,200,000

BTC: 18.54140915

ETH: 630.70260270

New
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
No Data
Lot:
16377.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,999,000
$1.2M – $3.6M
Confidence Low
List vs. estimate
$799K below estimate
List $1,200,000 · -40.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,329
All facts and features
  • Lot

    • Lot: 16377.00 Acres

    Other Property Information

    • Parcel Number: 514222330090

    • Zoning: FH-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $7,329

  • Source details

    • MLS ID: A12072948

    Other facts

    • Water Source: Municipal Water

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Worth International Realty, Inc