Residential
1931 Mayo St
Hollywood, FL 33020
General Information
Location Information
Rooms
Additional Features
Financial Information
Remarks
ATTENTION INVESTORS & DEVELOPERS — RARE PS-1 OPPORTUNITY High-upside infill redevelopment in a prime Hollywood, FL Parkside corridor. This ~8,189 SF (0.188 acre) PS-1 zoned lot offers strong multi-family potential with FAR up to 1.25 and height up to 4 stories / 45 ft. We have architect plans & designs ready for a modern 2-story duplex featuring 4 beds, 4.5 baths + private pool. However, land is zoned to built up to 9 units development potential City confirmation on unit count, density bonuses, and Floating Density Factor available upon request. Existing single-family home (built 1959, ~1,395 SF, 3 bed/2 bath) allows conventional financing and immediate rental income while redeveloping. Property is currently licensed for short term rental. VALUE-ADD & EXPANSION POTENTIAL • Cash flow from current rental. • Prime infill in desirable neighborhood. Rare PS-1 lot with existing home. Seller will not review low-ball offers. Don’t miss this! Construction management from A to Z available
Listing Agent
Hermel Valenzuela Nunez
Luxe Properties
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020