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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 42 one-bedroom units, or 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.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 2410 Largo Dr | $353,000 | 2/1 | 1,010 | 94 | $0 | ||
| 918 NW 2nd Ave | $375,000 | 3/1 | 1,000 | 93 | $0 | ||
| 2301 Alcazar Dr | $439,000 | 3/2 | 1,728 | 161 | $0 | ||
| 1904 Mayo St | $449,000 | 2/2 | 989 | 92 | $0 | ||
| 0 | $450,000 | 5/4 | 0 | 0 | $0 | ||
| 2340 Jamaica Dr | $459,000 | 2/1 | 1,120 | 104 | $0 | ||
| 2430 Riviera Dr | $496,000 | 5.76% | 3/2 | 1,517 | 141 | $0 | |
| 2114 Plunkett St | $499,000 | 3/3 | 1,277 | 119 | $0 | ||
| 7531 Tropicana St | $499,999 | 2/1 | 854 | 79 | $0 | ||
| 2330 Bahama Dr | $499,999 | 0.2% | 3/3 | 1,360 | 126 | $0 | |
| 2022 Rodman St | $510,000 | 2.02% | 4/2 | 1,449 | 135 | $0 | |
| 2241 Island Dr | $515,000 | 3/2 | 1,300 | 121 | $0 | ||
| 7750 Shalimar St | $520,000 | 2/2 | 1,704 | 158 | $0 | ||
| 7909 Shalimar St | $520,000 | 3/2 | 1,093 | 102 | $0 | ||
| 1023 S 16th Ave | $525,000 | 3/2 | 1,222 | 114 | $0 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 04/22/2025 | $535,000 | $550,000 | 4 | 3 | 1,548 | 11 months | |
| 02/28/2025 | $560,000 | $560,000 | 3 | 2 | 1,212 | 9 months | |
| 01/21/2025 | $470,000 | $490,000 | 4 | 3 | 1,428 | 3 months | |
| 01/07/2025 | $510,000 | $539,999 | 3 | 2 | 1,482 | 3 months | |
| 12/20/2024 | $380,000 | $539,000 | 3 | 2 | 2,309 | 6 months | |
| 12/04/2024 | $500,000 | $485,900 | 3 | 2 | 1,443 | 2 months | |
| 11/25/2024 | $440,000 | $550,000 | 2 | 1 | 1,496 | 2 months | |
| 11/12/2024 | $500,000 | $550,000 | 3 | 2 | 1,356 | 1 month | |
| 11/05/2024 | $600,000 | $585,000 | 5 | 3 | 1,516 | 2 months | |
| 11/04/2024 | $549,000 | $549,000 | 4 | 2 | 1,360 | 1 month | |
| 10/31/2024 | $387,000 | $374,900 | 2 | 1 | 888 | 1 month | |
| 10/31/2024 | $457,000 | $450,000 | 3 | 3 | 1,603 | 3 months |
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