Miami Real Estate
Homes, Condos and Townhomes for Sale in Miami, Florida
jennifer-cook-raul-aleman img-responsive
Hollywood, FL
$1,600,000
getinfo
Example:(555)555-1234
An error occurred, please contact administrator or try again.

Description
DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together, offering a combined total of 16,377 sq. ft. in the site plan development phase. 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 42 one-bedroom units, or 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.
Details
List Price$1,600,000
Property IDA11789067
Bedrooms42
Property TypeSingle Family Home
Full Bathrooms42
Square Feet/m2 1,003 sq.ft. (93 m2)
StatusActive
This listing is courtesy of Worth International Realty, Inc. Property Listing Data contained within this site is the property of Miami Association of Realtors (MIAMI) MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
This listing is courtesy of Worth International Realty, Inc. Property Listing Data contained within this site is the property of Miami Association of Realtors (MIAMI) MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.