821 SW 4th Avenue Delray Beach FL 33444
Property Attributes
- MLS#R11011239
- TypeLand
- Listing Status ActiveUnderContract
- CountyPalm Beach
- CityDelray Beach
- Area4460
- NeighborhoodTown of Delray Beach / Downtown Delray Beach
- Zip33444
- Style
- Taxes$ 6197
- Price$ 650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.37 Acres
Data Source:
Beaches MLS (FL)
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!
| Price History | |
|---|---|
| 1/15/2026 | Listed $650,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Utilities | CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable |
| Possession | CloseOfEscrow,Negotiable |
| Development Status | SitePlanFiled |
| Electric | Phases3 |
| Property Subtype | UnimprovedLand |
| Tax Year | 2023 |
| Current Use | SingleFamily |
| County | Palm Beach |
| Property Type | Land |
| Association Amenities | BeachAccess |
| Contingency | 3rd Party Approval |
| Subdivision Name | Town of Delray Beach / Downtown Delray Beach |
| Facing Direction | North |
| Possible Use | SingleFamily |
| Status | ActiveUnderContract |
| Directions | South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave. |
| City | Delray Beach |
| MLS Area | 4460 |
| Lot Size Square Feet | 16030 |
| Tax Annual Amount | 6197 |
| Virtual Tour | https://www.propertypanorama.com/821-SW-4th-Avenue-Delray-Beach-FL-33444--RX-11011239/unbranded |
| Standard Status | ActiveUnderContract |
| Property Sub Type Additional | UnimprovedLand |
| PostalCity | Delray Beach |
| Legal Description | SUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11 |
Exterior Features
| Vegetation | Grassed,Other |
|---|---|
| Lot Features | CentralBusinessDistrict,CityLot,QuarterToHalfAcreLot |
| Water Source | Public |
| Lot Dimensions | 140' x 114' |
| Lot Size Acres | 0.37 |
| Waterfront Y/N | false |
| Road Responsibility | PublicMaintainedRoad |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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