$650,000

821 SW 4th Avenue, Delray Beach, FL 33444

Land
Built in ——
0.37acre lot
—— car garage
$——/sqft
Listed 1 year ago

Property Description

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!

Listing Status:: Active
Date Added:: November 17, 2025
Data Last Updated:: February 9, 2026 at 8:20PM
Listing Office:: Regency Realty Services : 561-394-4600
Listing Agent:: Matan Morag PA : 561-706-0095
MLS ID:: R11011239

HOA Amenities: Beach Access
Originating MLS: BEACH_BEACH
County: Palm Beach

Zoning: ResSUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 1112434620010110040
Current Use: Single Family

Utilities: Cable AvailableElectricity AvailableSewer AvailableWater Available3 Phase
Water: Public
Sewer: Public Sewer

Source: BEACH_BEACH

This listing courtesy of Matan Morag PA , Regency Realty Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pine Grove Elementary School

400 SW 10th St, Delray Beach, FL, 33444

Grades EE-5

0.20 miles away

Village Academy On The Art & Sara Jo Kobacker Campus

400 SW 12th Ave, Delray Beach, FL, 33444

Grades PK-12

0.68 miles away

Village Academy On The Art & Sara Jo Kobacker Campus

400 SW 12th Ave, Delray Beach, FL, 33444

Grades PK-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.