1931 Mayo St, Hollywood FL 33020 | Broward County | A12013126

This single-family home is located at 1931 Mayo St in Hollywood, Florida, within the Hollywood View subdivision. The home, built in 1949, offers 3 bedrooms and 2 full bathrooms with a total living area of 1,395 square feet. Situated on a PS-1 zoned lot measuring approximately 8,189 square feet (0.188 acre), the property presents a rare development opportunity in a prime Parkside corridor. The property is currently zoned for multi-family use, allowing for a potential development with up to 9 units, depending on city approvals. Architect plans for a 2-story duplex featuring 4 beds, 4.5 baths, and a private pool are available, but the zoning allows for up to 4 stories and a floor area ratio of 1.25. The existing home is currently licensed for short-term rental and provides a solid cash flow opportunity, while the land offers high-upside redevelopment potential. The listing is priced at $699,000 and offers conventional financing options due to the existing single-family structure. The property is available for cash flow while planning and executing any redevelopment. For more information about the development, zoning, or city confirmations, contact 305-859-4733. Seller will not review low-ball offers.