Palm Beach > Delray Beach > 33444 > Town Of Delray Beach / Downtown Delray Beach

821 SW 4th Avenue Delray Beach, FL 33444

0 Bedroom, 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!

PROPERTY DETAILS

  • Property Type: Single Family Detached
  • Lot Size: 16,030 SqFt
  • House Faces/Primary View: North
  • County: Palm Beach
  • Area: 4460
  • Subdivision: Town of Delray Beach / Downtown Delray Beach
  • Community: town of delray beach / downtown delray beach
  • Annual Property Taxes: $6,197
  • Repo/Reo: No
  • Short Sale: Yes

VIDEO TOUR

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.

Listing courtesy of Regency Realty Services 07.02.2025

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.