$1,200,000

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. 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.

$1,100,000

18 unit / 4 story development oppurtunity. 8900 sq ft corner lot near US1 and Pembroke Blvd. Site plan and permits already approved. Oppurtunity zone. Big easy Casino located across the street with redevelopment underway. Other developments in the neighborhood completed or being completed now. Lot already Cleared. Buyer to verify all information. 18 unit / 4 story development oppurtunity. 8900 sq ft corner lot near US1 and Pembroke Blvd. Site plan and permits already approved. Oppurtunity zone. Big easy Casino located across the street with redevelopment underway. Other developments in the neighborhood completed or being completed now. Lot already Cleared. Buyer to verify all information.