$699,000
- 3 Beds
- 2 Baths
- 1,395 SqFt
- $501/SqFt
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House for sale in Hollywood View1931 Mayo St, Hollywood, FL 33020Attention investors & developers — rare ps-1 opportunity
high-upside infill redevelopment in a prime hollywood, fl parkside corridor. This ~8, 189 sf (0.188 acre) ps-1 zoned lot offers strong multi-family potential with far up to 1.25 and height up to 4 stories / 45 ft.
We have architect plans & designs ready for a modern 2-story duplex featuring 4 beds, 4.5 baths + private pool.
However, land is zoned to built up to 9 units development potential
city confirmation on unit count, density bonuses, and floating density factor available upon request.
Existing single-family home (built 1959, ~1, 395 sf, 3 bed/2 bath) allows conventional financing and immediate rental income while redeveloping. Property is currently licensed for short term rental.
Value-add & expansion potential
• cash flow from current rental.
• prime infill in desirable neighborhood.
Rare ps-1 lot with existing home. Seller will not review low-ball offers. Don’t miss this!
Construction management from a to z available