1841 Mayo St

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1841 Mayo St

Hollywood, FL 33020
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Hollywood, Florida.
  • Located at 1841 Mayo St within the 33020 zip code.
  • Situated in a high-demand South Florida coastal residential submarket.
  • Asset provides potential for long-term rental income and appreciation.
  • Property position offers regional connectivity to Fort Lauderdale and Miami.

What's Special

This multifamily apartment building sits at 1841 Mayo St in Hollywood, Florida. The property occupies a position within this growing coastal city, which benefits from its proximity to major transit corridors and the economic activity of the greater Fort Lauderdale and Miami metropolitan areas. Hollywood maintains a diverse residential and commercial landscape, making properties in this submarket suitable for long-term hold strategies or repositioning efforts by investors seeking exposure to the South Florida rental market. Residential demand in the region remains supported by the steady influx of new residents and a robust service-based economy. Investors looking to expand their portfolio will find this apartment asset well-positioned to serve the ongoing need for housing in Broward County. The location offers accessibility to regional amenities and employment centers, providing a consistent foundation for potential rental income growth. This building represents a tangible entry point into a competitive Florida real estate sector focused on high-density residential utility.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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