821 SW 4th Ave

Delray Beach, FL 33444
  • $515,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

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

Status Active With Contingency
Days on Site 443
Property Type Vacant Land
MLS ® R11011239
Year Built
Total Square Footage 0
Lot/Acreage 0.37

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Beach Front,Central Business District,City Lot
  • Garage Capacity: N/A
  • Lot Dimensions: 140' x 114'
  • Zoning: Res
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $6,197
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 12434620010110040
  • Tax Year: 2023

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Questions About..

821 SW 4th Ave Delray Beach, FL 33444

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Originating MLS: FTL

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