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

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:

Lot / Acreage

Zoning:

Res

Subdivision:

Town of Delray Beach / Downtown Delray Beach

Development:

Town of Delray Beach / Downtown Delray Beach

Lot Size:

140' x 114'

Acreage:

0.37

Est. Taxes:

$6,197

Utilities

Cable Available, Electricity Available, Sewer Available, Water Available

Lot Description:

Home

Days on Market:

543

Potential Short Sale:

Yes

MLS #:

R11011239


Community Info

School Info

Walk Score

Yelp


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