821 SW 4th Avenue, Delray Beach, FL 33444

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821 SW 4th Avenue,Delray Beach, FL 33444
$515,000
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  • 5 Beds
  • 4 Baths
  • 1,607 sq. ft.
  • Single family
  • Active
Listed by:matan morag
Office:regency realty services
MLS#:R11011227
Source:RMLS

Price summary

  • Price:$515,000
  • Price per sq. ft.:$275.25

About this home

APPROVED 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!

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Home facts

  • Year built:1927
  • Listing Id #:R11011227
  • Added:372 day(s) ago
  • Updated:August 17, 2025 at 02:45 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:1,607 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central

Structure and exterior

  • Year built:1927
  • Building area:1,607 sq. ft.
  • Lot area:0.37 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$515,000
  • Price per sq. ft.:$275.25
  • Tax amount:$6,197 (2023)
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