Single Family Home ALDEN MANOR

$ 1,600,000
  • 42 bed
  • 42 bath
  • 16,377 ft2 (1,523 m2)
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Details
    • Listed on:
      April 22, 2025
    • Days on Market:
      41
    • Maintenance:
      n/a
    • Taxes:
      $ 7,329 per year
    • Year:
      2025
    • Furniture:
      -
    • Floor Description:
      Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      None
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Family Room
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
DEVELOPMENT OPPORTUNITY! Two adjacent lots (1841 & 1847 Mayo Street) are being sold together, offering a combined total of 16,377 sq. ft. in the site plan development phase. 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.
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