1841 Mayo St ,Unimproved Multi Family (5+units), Alden Manor for Sale

1841 Mayo St for Sale

Price $1,650,000.00

• Lot size 8189
• Year Build
• Waterfront
• Zip 33020
• Style
• Parking Description
• Pool Yes
• Status Active

Description

DEVELOPMENT OPPORTUNITY! Site plan development phase, two lots being sold 1841 / 1847 Mayo Street, for a combined total of 16,377 sq ft. A potential income opportunity for luxury apt. complex. Zoned high-intensity, multi-family, build up-to 42 units (1/1) or 32 units combined consisting of studios (4), one bedrooms (14) and two bedrooms (14). The possibilities are endless with these two properties combined. Rental properties are in high demand in this growing market. Current rental income $1500 per home that sits on these properties, below market value. Paying month to month tenants.

Please DO NOT DISTURB current tenants. Drive by the property and call listing agent for more information.

ALDEN MANOR 24-8 B LOT 9 BLK 1

City Location, Corner Lot, 1-2.5 Acres

DEVELOPMENT OPPORTUNITY! Site plan development phase, two lots being sold 1841 / 1847 Mayo Street, for a combined total of 16,377 sq ft. A potential income opportunity for luxury apt. complex. Zoned high-intensity, multi-family, build up-to 42 units (1/1) or 32 units combined consisting of studios (4), one bedrooms (14) and two bedrooms (14). The possibilities are endless with these two properties combined. Rental properties are in high demand in this growing market. Current rental income $1500 per home that sits on these properties, below market value. Paying month to month tenants.

City:Hollywood,Zoning:FH-2,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.9987417,List Price:1650000,Listing Id:A11662865,Longitude:-80.1440141,Mls Status:Active,Utilities:1:Phone Connected,2:Sewer Connected,3:Water Connected,4:Electricity Available,5:Phone Available,6:Sewer Available,7:Trash Removal,8:Water Available,Postal Code:33020,Street Name:Mayo St,Coordinates:1:25.9987417,Lot Features:1:Corner Lot,2:1-2.5 Acres,Photos Count:9,Building Name:ALDEN MANOR,Days On Market:1,Lot Size Acres:16377,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,M L S Area Major:Alden Manor,On Market Date:2024-09-19,Parcel Number:514222330090,Property Type:Commercial Land,Street Number:1841,Public Remarks:DEVELOPMENT OPPORTUNITY! Site plan development phase, two lots being sold 1841 / 1847 Mayo Street, for a combined total of 16,377 sq ft. A potential income opportunity for luxury apt. complex. Zoned high-intensity, multi-family, build up-to 42 units (1/1) or 32 units combined consisting of studios (4), one bedrooms (14) and two bedrooms (14). The possibilities are endless with these two properties combined. Rental properties are in high demand in this growing market. Current rental income $1500 per home that sits on these properties, below market value. Paying month to month tenants.,County Or Parish:Broward County,Frontage Length:120,List Office Name:Worth International Realty, Inc,Private Remarks:Please DO NOT DISTURB current tenants. Drive by the property and call listing agent for more information.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6319,State Or Province:FL,Subdivision Name:ALDEN MANOR,Tax Annual Amount:6348,Unparsed Address:1841 Mayo St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Lot Size Dimensions:120x136,Lot Size Square Feet:8189,M I A M I R E_ L P Amt Sq Ft:201.4898,Original List Price:1650000,Public Survey Range:51,I D X Participation Y N:1,Syndication Remarks:DEVELOPMENT OPPORTUNITY! Site plan development phase, two lots being sold 1841 / 1847 Mayo Street, for a combined total of 16,377 sq ft. A potential income opportunity for luxury apt. complex. Zoned high-intensity, multi-family, build up-to 42 units (1/1) or 32 units combined consisting of studios (4), one bedrooms (14) and two bedrooms (14). The possibilities are endless with these two properties combined. Rental properties are in high demand in this growing market. Current rental income $1500 per home that sits on these properties, below market value. Paying month to month tenants.,Listing Contract Date:2024-09-19,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:See Broker Remarks,Street Number Numeric:1841,Tax Legal Description:ALDEN MANOR 24-8 B LOT 9 BLK 1,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Development Opportunity for rental income properties. Two lots combined, 1841/1847 Mayo St. Zoned high-intensity, multi-family, build up to 42 units.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-09-19,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,