821 SW 4th Avenue, Delray Beach, FL 33444
$650,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
1,607
Status:
Active
Current Price:
$650,000
Last Modified:
12/16/2025
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!
More Information MLS# RX-11011227
Contract Information
Listing Date: 2024-08-09
Status: Active
Original List Price: 650000
Auction: No
List Price: $650,000
Current Price: $650,000
List Price/SqFt: 404.48
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 5
Total Bedrooms: 5
Main Level Bathrooms: 4
Baths - Full: 4
Baths - Total: 4
Property Condition: Resale
Year Built: 1927
SqFt - Total: 1871
SqFt - Living: 1607
SqFt Source: Other
Gated Community: No
Garage Spaces: 1
Covered Spaces: 1
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
Subdivision: Town of Delray Beach / Downtown Delray Beach
Development Name: Town of Delray Beach / Downtown Delray Beach
Legal Desc: SUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11
Lot SqFt: 16030
Waterfront: No
Front Exp: North
Private Pool: No
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 1
Location Tax Legal
Area: 4460
County: Palm Beach
Parcel ID: 12434620010110040
Street #: 821
Street Dir: SW
Street Name: 4th
Street Suffix: Avenue
Zip Code: 33444
Geo Lat: 26.449017
Geo Lon: -80.076733
Property Features
Design: Ranch
Construction: Other
Waterfront Details: None
Lot Description: 1/4 to 1/2 Acre; Corner Lot
Exterior Features: Open Patio
Interior Features: Entry Lvl Lvng Area; Split Bedroom
Furnished: Unfurnished
Rooms: Storage
Parking: 2+ Spaces; Driveway; Open
Pet Restrictions: No Restrictions
Restrict: None
Flooring: Parquet Floor
Heating: Central
Cooling: Central; Electric
Boat Services: Ramp
Terms Considered: Cash; Conventional; FHA; VA
Utilities: Electric; Public Sewer; Public Water
Window Treatments: Blinds
Storm Protection: None
Taxes: City/County
Possession: At Closing; Funding
Showing Instructions: Text Listing Agent
Contingencies: 3rd Party Approval
Room Information
Living Room
Length: 1.00
Width: 1.00
Length: 1.00
Level: Main
Width: 1.00
Kitchen
Length: 1.00
Width: 1.00
Length: 1.00
Level: Main
Width: 1.00
Master Bedroom
Length: 1.00
Width: 1.00
Length: 1.00
Level: Main
Width: 1.00
Listing Office: Regency Realty Services
Last Updated: December - 16 - 2025
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