$1,200,000
- 0.38 Acres
- $3,157,895/Acre
Premium
Land for sale in Alden Manor1841 Mayo St, Hollywood, FL 33020Development opportunity! Two adjacent lots (1841 & 1847 mayo street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16, 377 sq. Ft. 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.