$650,000

821 SW 4th Avenue, Delray Beach, FL 33444

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon 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:
May 19, 2026 at 1:19AM
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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