1841 Mayo St, Hollywood, FL
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.
Property facts
- Location
- Hollywood, FL 33020
- County
- Broward County
- FEMA flood zone
- Zone AE, special flood hazard area
- Base flood elevation
- 7 ft (NAVD88)
- Ground elevation
- 6.3 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
- Distance to the coast
- 0.9 mi
Sources: FEMA National Flood Hazard Layer (panel 12011C0732J, effective 2024-07-31), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.