821 SW 4th Avenue, Delray Beach, FL 33444

$650,000
5
BD
4
BA
1,607
SqFt

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List Price
$650,000
Days on Market
651
MLS#
R11011227
Bedrooms
5
Full Bathrooms
4
Sq. Ft
1,607
Subtype
Single Family Residence
County
Palm Beach
Subdivision
Town Of Delray Beach / Downtown Delray Beach
Year Built
1927

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!

Additional Information

Garage Spaces
1
Pets Allowed
No Pet Restrictions, Yes
Construction
Other
Cooling
Central Air, Electric
Flooring
Parquet
Furnished
Unfurnished
Heating
Central
Restrict
NoRestrictions
Taxes
$6,197
Utilities
Sewer Available, Water Available
Amenities
Basketball Court, Boat Facilities, Boating, Dog Park, None, Park, Playground, Pool, Restaurant, Sidewalks, Sports Fields, Tennis Court(s), Trail(s)
Waterfront
None
Short Sale
Yes
Stories
1
Acres
0.37
Price Per Sqft
$404

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Listing courtesy of Regency Realty Services. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Matan Morag PA | Email: mgrealtygroup@gmail.com