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
16,030 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:
Active
Type:
Lot / Acreage
Zoning:
Res
Subdivision:
Town of Delray Beach / Downtown Delray Beach
Development:
Town of Delray Beach / Downtown Delray Beach
Est. Taxes:
$6,197
Lot Description:
1/4 to 1/2 Acre
Potential Short Sale:
Yes
MLS #:
RX-11011239
Community Info
School Info
Walk Score
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