821 SW 4th Avenue Delray Beach FL 33444

Address
821 Sw 4th Avenue, Delray Beach, FL
Price
$ 650,000
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

Property vs Land Average in 33444

Price
AVG $2.42M
$650K
Taxes
AVG $16,558
$6,197

Areas We Cover