821 SW 4th Avenue, Delray Beach, FL 33444
$650,000
Property Type:
Land/Docks
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-11011239
Contract Information
Listing Date: 2024-08-09
Status: Active
Original List Price: 650000
Auction: No
List Price: $650,000
Current Price: $650,000
General Property Description
Type: Single Family Detached
Lot Dimensions: 140' x 114'
Lot SqFt: 16030
Waterfront: No
Min Lv SqFt Rstrct: 1871
Subdivision: Town of Delray Beach / Downtown Delray Beach
Development Name: Town of Delray Beach / Downtown Delray Beach
Front Exp: North
Homeowners Assoc: None
Directions: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
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
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
Geo Lat: 26.449017
Geo Lon: -80.076733
Property Features
Land Use: Single Family
Location: Beach Area; Central Business Dst
Lot Description: 1/4 to 1/2 Acre
Develop Status: Recorded Plat
Improvements: Home
Utilities Avail: Cable; Electric; Municipal Sewer; Public Water; Trash Removal
Utilities On Site: Cable; Electric; Municipal Sewer; Public Water
Ground Cover: Grassed
Roads: City/County Maint.
Avail Docs: Survey
Trees: Other
Terms Considered: Cash; Conventional; Other
Showing Instructions: Text Listing Agent
Possession: At Closing; Funding
Listing Office: Regency Realty Services
Last Updated: December - 16 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.