821 SW 4th Avenue Delray Beach, FL 33444
5 Bedroom, 1,607 Sqft, Single Family Detached
AGENT'S REMARKS ABOUT 821 SW 4TH AVENUE
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!$515,000
| Bedrooms | 5 |
| Bathrooms | 4 Full |
| Living Area | 1,607 SqFt |
| Lot Size | 16,030 SqFt |
| Year Built | 1927 |
| Garage | 1 |
| Private Pool | No |
| Community | Town Of Delray Beach / Downtown Delray Beach |
| Subdivision | Town of Delray Beach / Downtown Delray Beach |
| MLS# | RX-11011227 |
| Listing Status | Active Under Contract |
| Days on Market | 2024-08-09 |
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PROPERTY DETAILS
- Property Type: Single Family Detached
- Approx Living Area: 1,607 SqFt
- Total Bedrooms: 5
- Bathrooms: 4 Full
- Year Built: 1927
- Lot Size: 16,030 SqFt
- Acreage: 1/4 to 1/2 Acre, Corner Lot
- Garage Spaces: 1
- Built Description: Ranch
- Stories: 1
- Parking Type: 2+ Spaces, Driveway, Open
- Rooms: Storage
- Interior: Entry Lvl Lvng Area, Split Bedroom
- Other Appliances: Range - Electric, Refrigerator, Water Heater - Elec
- Flooring: Parquet Floor
- Age Restrictions: No Hopa
- Total Floors in Building: 1
- House Faces/Primary View: North
- Construction: Other
- Exterior Description: Open Patio
- Cooling System: Central, Electric
- Heating: Central
- Utility Information: Electric, Public Sewer, Public Water
- Furnished: Unfur
- Pets Allowed: Yes
- Pet Policy: None
- County: Palm Beach
- Area: 4460
- Subdivision: Town of Delray Beach / Downtown Delray Beach
- Community: town of delray beach / downtown delray beach
- Community Features: Ball Field, Basketball, Bike - Jog, Boating, Cafe/Restaurant, Dog Park, None, Park, Playground, Pool, Sidewalks, Soccer Field, Tennis
- Age Restricted: No Hopa
- Annual Property Taxes: $6,197
- Ownership: None
- Repo/Reo: No
- Short Sale: Yes
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MAP LOCATION FOR 821 SW 4TH AVENUE DELRAY BEACH, FL 33444
Directions: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
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Listing courtesy of Regency Realty Services 08.09.2025
If you are interested in this property at 821 SW 4th Avenue or any other properties in Delray Beach please contact The Rucco Group at (561) 737-0366.