About This Property

DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together (currently bringing a total income of $4k/m. Lot is a combined total of 16,377 sq. ft. 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 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.

Key Features

16,377 SquareFeet Lot

Property Details

Type: Single Family Home
Lot Size: 16,377 sq ft
HOA: Contact Agent
Bedrooms: 0
Bathrooms: 0
Feature: 16,377 SquareFeet Lot
Status: Active
MLS Number: 1158023735
Days on Market: 0
Listed By: MLS Listing
Zip Code: 33020

Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.

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