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1931 Mayo St

1931 Mayo St, Hollywood, FL 33020

$699,000

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

3
beds

2
baths

1,395 Sq.Ft. LIVING AREA

8,189 Sq.Ft. lot

Gabriel Valenzuela

title Real Estate Advisor
PHONE (305) 799-5689
EMAIL [email protected]
DRE #

Features & Amenities

Interior

total bedrooms3
Total bathrooms2
full bathrooms2
Flooring Tile
APPLIANCES Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
other interior Features Entrance Foyer, Walk-In Closet(s), Den/Library/Office

Area & Lot

Status For Sale
Living Area1,395 Sq.Ft.
Total Area1,635 Sq.Ft.
Lot Area8,189 Sq.Ft.
MLS® IDA12013126
TypeResidential
YEAR BUILT1949
NeighborhoodHollywood
Architecture StylesAttached, One Story
View DescriptionGarden
Middle SchoolOlsen
High SchoolSouth Broward

Exterior

Garage Space2.0
water SourceMunicipal Water
roofShingle
lot featuresLess Than 1/4 Acre Lot
parkingDriveway
HEAT TYPECentral
AIR CONDITIONINGCeiling Fan(s), Central Air
sewerPublic Sewer
security FeaturesSmoke Detector
other exterior FeaturesRoom For Pool

Financial

Sales Price$699,000
Real Estate Tax $6,759/yr
Zoning PS-1

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1931 Mayo St

$699,000

Gabriel Valenzuela

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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Hollywood

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1931 Mayo St

$699,000

Gabriel Valenzuela

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Hollywood

Elevate With LUXE

Follow Us on Instagram

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LUXE Properties

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