$650,000 ($404.48 per sqft)

Pending

Est. Mortgage $3,160/mo *

Quick Pre-Approval

Price History

$650,000
8/9/2024

$515,000
6/26/2025

$650,000
11/17/2025


821 SW 4th Avenue, Delray Beach, FL, 33444

821 SW 4th Avenue, Delray Beach, FL, 33444

3 rooms

5 beds

4 Full baths

1927

Ranch

1,607 sqft

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!


Status:

Pending

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Zoning:

Res

Subdivision:

Town of Delray Beach / Downtown Delray Beach

Development:

Town of Delray Beach / Downtown Delray Beach

Garage:

1-car

Heating:

Central

Cooling:

Central Air, Electric

Levels:

1

Parking:

Open, Garage

Acreage:

0.37

Est. Taxes:

$6,197

Construction

Other

Utilities

Sewer Available, Water Available

Lot Description:

Corner Lot

Amenities:

Boating, Basketball Court, Dog Park, Jogging Path, None, Park, Playground, Pool, Tennis Court(s), Baseball/Softball Field, Cafe/Restaurant, Sidewalks, Soccer Field

Boat Access:

Ramp

Days on Market:

544

Pet Policy:

Yes, No Restrictions

Appliances:

Electric Water Heater, Electric Range, Refrigerator, Water Heater

Potential Short Sale:

Yes

MLS #:

R11011227


Community Info

School Info

Walk Score

Yelp


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