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821 SW 4th Avenue Delray Beach, FL 33444
5 Bedroom, 1,607 Sqft, Single Family Residence
AGENT'S REMARKS ABOUT 821 SW 4TH AVENUE
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 Residence
- Approx Living Area: 1,607 SqFt
- Total Bedrooms: 5
- Bathrooms: 4 Full
- Year Built: 1927
- Lot Size: 16,030 SqFt
- Acreage: Corner Lot
- Garage Spaces: 1
- Built Description: Ranch
- Stories: 1
- Parking Type: Open, Garage
- Interior: Bedroom Layout - Split, Storage
- Other Appliances: Electric Water Heater, Electric Range, Refrigerator, Water Heater
- Flooring: Parquet
- Age Restrictions: No
- Total Floors in Building: 1
- House Faces/Primary View: North
- Construction: Other
- Cooling System: Central Air, Electric
- Heating: Central
- Utility Information: Sewer Available, Water Available
- Furnished: Unfur
- Pets Allowed: Yes, N
- County: Palm Beach
- Area: 4460
- Subdivision: Town of Delray Beach / Downtown Delray Beach
- Community: town of delray beach / downtown delray beach
- Community Features: Boating, Basketball Court, Dog Park, Jogging Path, None, Park, Playground, Pool, Tennis Court(s), Baseball/Softball Field, Cafe/Restaurant, Sidewalks, Soccer Field
- Age Restricted: No
- Annual Property Taxes: $6,197
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.
SIMILAR LISTINGS NEAR 821 SW 4TH AVENUE
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Listing courtesy of Regency Realty Services 03.29.2026