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 Details
Price:
$1,200,000
MLS #:
A12070949
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Income/MultiFamily
Listed Date:
Aug 17, 2026
Lot Size:
16,377 sqft / 16,377.00 acres (approx)
See this Listing
Schools
Interior
Exterior
Lot Features
City Location, Corner Location, Less Than 1 Acre
Financial
Tax Year
2025
Taxes
$7,329
Map
Community
- Address1841 Mayo St Hollywood FL
- CityHollywood
- CountyBroward County
- Zip Code33020
Subdivisions in Hollywood
Market Summary
Current real estate data for Single Family in Hollywood as of Aug 18, 2026
542
Single Family Listed
142
Avg DOM
486
Avg $ / SqFt
$1,089,097
Avg List Price
Property Summary
- 1841 Mayo St Hollywood FL is a Single Family for sale in Hollywood, FL, 33020. It is listed for $1,200,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Hollywood is $486. The average listing price for Single Family in Hollywood is $1,089,097. To schedule a showing of MLS#a12070949 at 1841 Mayo St in Hollywood, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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