There are multiple listings for this address:
821 SW 4th Avenue
Delray Beach, FL, 33444
$515,000
5 Beds
4 Baths
1,871 SqFt
0.37 Acres
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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!

Property Details

Price:
$515,000
MLS #:
RX-11011227
Status:
Active
Beds:
5
Baths:
4
Address:
821 SW 4th Avenue
Type:
Single Family
Subtype:
Single Family Detached
Subdivision:
Town of Delray Beach / Downtown Delray Beach
City:
Delray Beach
Listed Date:
Aug 9, 2024
State:
FL
Finished Sq Ft:
1,871
ZIP:
33444
Lot Size:
16,030 sqft / 0.37 acres (approx)
Year Built:
1927
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Schools

Interior

Pets Allowed
Yes

Exterior

Development Name
Town of Delray Beach / Downtown Delray Beach
Garage Spaces
1.00
Homeowners Assoc
None
Storm Protection
None
Total Floors/ Stories
1.00

Financial

Map

Community

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821 SW 4th Avenue
Delray Beach, FL
821 SW 4th Avenue
Delray Beach, FL, 33444
$515,000
Beds
0 Baths
SqFt
0.37 Acres
Add
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!

Property Details

Price:
$515,000
MLS #:
RX-11011239
Status:
Active
Baths:
0
Address:
821 SW 4th Avenue
Type:
Land
Subtype:
Single Family Detached
Subdivision:
Town of Delray Beach / Downtown Delray Beach
City:
Delray Beach
Listed Date:
Aug 9, 2024
State:
FL
ZIP:
33444
Lot Size:
16,030 sqft / 0.37 acres (approx)
Year Built:
1927
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Development Name
Town of Delray Beach / Downtown Delray Beach
Homeowners Assoc
None
Total Floors/ Stories
1.00

Financial

L I S T_75
6197.00

Map

Community

Similar Listings Nearby