$650,000
 $3,489 est/mo Sourced by Back At You

821 SW 4th Avenue,Delray Beach, FL 33444

Delray Beach, FL 33444

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Description

SHORT-SALE! PROFORMA 10-11% CAP RATE! Downtown Delray builder special! 16,030sf CORNER LOT (140ftx114ft). Great opportunity! New construction around! Existing singe-family home situated on enormous lot and features main house with 3br/2ba, garage and two additional efficiency/studio units. Potential options: 1) Redevelopment opportunity: build 1 or 2 homes; each house could have large 8,000sf+/- lots 2) Add/build ADU, 3) Combine house into large interior space to create one large home 4) Rehab & maintain same floor plan then rent out all 3 spaces; PROFORMA 10-11% CAP RATE! Excellent location near Swinton Ave; ~1 mile to the beach. Spacious yard. Walk to Swinton/Atlantic Ave, downtown! No HOA! Short-term rental potential! Located in Opportunity Zone and Delray Beach CRA District!

Details

MLS #R11011239
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Days On Site815
Listing Provided ByRegency Realty Services | Matan Morag PA

Features

ZoningRes
Acreage0.37

Exterior

Lot FeaturesCentral Business District, City Lot, Quarter To Half Acre Lot

Taxes

Tax Annual Amount6197

Area Information

StateFL
CountyPalm Beach
CityDelray Beach
Zip Code33444
Area4460
SubareaPB06
Community NameTown of Delray Beach / Downtown Delray Beach
Listing VS Median (in Town of Delray Beach / Downtown Delray Beach)
Price:
$650,000
low | high
Med:
$650,000
50% of Average
On site:
815
low | high
Med:
815
100% of Average
Sourced by Back At You

Market Activity 33444

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Learn More About This Property

StateFL
CountyPalm Beach
CityDelray Beach
Zip Code33444
Area4460
SubareaPB06
Community NameTown of Delray Beach / Downtown Delray Beach
Listing VS Median (in Town of Delray Beach / Downtown Delray Beach)
Price:
$650,000
low | high
Med:
$650,000
50% of Average
On site:
815
low | high
Med:
815
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $487K - $812K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
821 SW 4th Avenue Property Photo 1
$650,000
821 Sw 4th Avenue
Delray Beach, FL 33444
Listing Updated: September 28, 2026 at 6:38:14 PM PDT