821 SW 4th Avenue, Delray Beach, FL 33444
Local realty services provided by:First Service Realty ERA Powered
Listed by: matan morag pa
Office: regency realty services561-394-4600
MLS#:R11011227
Source:SEFMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$347.41
About this home
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
- Updated:June 15, 2026 at 12:17 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:3
- Flooring:Parquet
- Kitchen Description:Electric Range, Refrigerator
- Bedroom Description:Split Bedroom
- Living area:1,607 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1927
- Building area:1,607 sq. ft.
- Lot Features:Corner Lot
- Architectural Style:Ranch
- Exterior Features:Patio
- Levels:1 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$347.41
- Tax amount:$6,197 (2023)
Features and amenities
- Appliances:Electric Range, Electric Water Heater, Refrigerator
- Amenities:Basketball Court, Blinds, Boat Dock, Tennis Courts, Trails
- Pool features:Association, Community, Pool
Parking
- Total parking spaces:1
- Parking description:Garage, One Space, Open
- Garage:Yes
- Garage spaces:1
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