$ 515,000
-
$515,000
Price -
5
Bed -
4
Bath -
1,607
SqFt
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About the Listing 607162 - 276518167
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!
Listing Highlights for 821 SW 4th Ave
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Electric Range, Electric Water Heater, Refrigerator
- Air Cond: Central Air,Electric
- Heating: Central
- Fireplaces:
- Floor: Parquet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Unfurnished,Split Bedrooms,Pets Allowed
- Water: Public
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: 1 car
- Lot Dimensions: 1/4 to 1/2 Acre,Corner L
- Zoning: Res
- Roof:
- Others: Patio
- Sewer: Public Sewer
- Parking Features: Driveway,Open,Two or More Spaces
Financial Details
- Tax Amount: $6,197
- Taxes w/Assessments: N/A
- Tax/Property ID: 12434620010110040
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
821 SW 4th Ave Delray Beach, FL 33444
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