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821 SW 4th Avenue, Delray Beach, Florida 33444

Map

Active Under Contract

$650,000

Beds 5
Baths 4
Sq Ft 1,607 Sqft
Visits: 6 in 246 days

Call Josh Dotoli

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!

Features

Swimming Pool: Association
Heating System: Central
Cooling System: Electric, Central Air
Patio: Patio
Parking: Garage, Open

Appliances

Appliances: Electric Range, Refrigerator, Electric Water Heater, Water Heater

Address Map

Country: US
State: FL
County: Palm Beach
City: Delray Beach
Subdivision: Town of Delray Beach / Downtown Delray Beach
Zipcode: 33444
Street: 4th
Street Number: 821
Street Suffix: Avenue
Floor Number: 0
Longitude: W81° 55' 23.8''
Latitude: N26° 26' 56.5''
Directions: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
Street Dir Prefix: SW
MLS Area: 4460

MLS Addon

Architectural Style: Ranch
Association Amenities: Pool, Tennis Court(s), Playground, Basketball Court, Trail(s), None, Restaurant, Dog Park, Park, Sidewalks, Sports Fields, Boating
Association Fee: $0
Close Price: $0
Exterior Features: Outdoor Living Area
Flooring: Parquet
Garage Spaces: 1
Insurance Expense: $0
Interior Features: Split Bedrooms, None, Storage
Levels: One
Lot Features: 1/4 to 1/2 Acre Lot, Corner Lot
New Taxes Expense: $0
Stories: 1
Stories Total: 1
Tax Annual Amount: $6,197
Utilities: Sewer Available, Water Available
Window Features: Blinds
Zoning: Res

Location

Listing Updated: 2026-05-31 19:55:30

Property Type : Single Family
Property Sub Type : Single Family Residence
Listing Type : For Sale
Listing ID : R11011227
Price : $650,000
View : Lake
Bedrooms : 5
Bathrooms : 4
Full Bathrooms : 4
Half Bathrooms : 0
Square Footage : 1,607 Sqft
Year Built : 1927
Lot Area : 0.37 Acre
Listing Status : Active Under Contract
Days On Market : 245

Contact Agent

Josh Dotoli

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