AAtlantic Commercial AdvisorsKW Commercial · South Florida
1841 Mayo St
For SaleMLSIncome/MultiFamily

1841 Mayo St, Hollywood, FL

$1.20M
Teresa Rios · Worth International Realty, Inc · Listed via MIAMI Commercial MLS

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

Sqft
0
Location
Hollywood, FL 33020
County
Broward County
Florida risk
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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