Unimproved Land in 1841 Mayo Street, Hollywood, FL 33020 for sale with MLS# A12072959

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.

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1841 Mayo Street, Hollywood, FL 33020

Price
Price:
$1,200,000.00
Original List Price:
$1,200,000.00
List Price per Sq Ft (Calculated, Approx.):
$73.27
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
New Listing
Last Major Update on:
August 17, 2026 4:00 am
Measures
Lot Area:
16,377 Sqft
Lot Size Dimensions and Info:
16377
Additional Parcels
Lot Features:
Street Lights, Sidewalks
Lot Size Acres:
16377
Number of Lots:
2
Property Features
Waterfront:
No
Other Structures:
Other
Current Use:
Residential, Check Land Use Plan
Property Entrance Faces:
North
Construction
Possible Use:
Residential
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$7,329.00
Tax Year:
2025
Utilities
Water Source:
Public
Community
Subdivision Name:
Alden Manor
Senior Community:
No
Development Status:
Other
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
ALDEN MANOR 24-8 B LOT 9 BLK 1
Real Estate Folio Number (Parcel Number):
514222330090
Zoning:
FH-2
Public Schools Assigned
Elementary School:
Riverside (broward)
High School:
South Broward
Listing History
Active on the market since:
August 17, 2026
Listing Agreement executed on:
August 17, 2026
Listing Status Last Changed On:
August 17, 2026 4:00 am
Photos updated on:
August 18, 2026 5:01 am
Last Modified:
August 18, 2026 5:01 am
Additional Information
Courtesy of:
Worth International Realty, Inc
Attribution:
Not provided
Location
Street Name:
Mayo
Street Number:
1841
City:
Hollywood
State:
Florida
Zip Code:
33020
County:
Broward
Latitude:
N25° 59' 55.7''
Longitude:
W81° 51' 21.6''
Street Suffix:
Street
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $52,535
Median Home Value $306,700
Median Rent $1,444/mo
Median Age 39
Population 44,112

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 1841 Mayo Street, Hollywood, FL 33020
Association of REALTORS®
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