821 SW 4th Avenue, Delray Beach, FL 33444 (MLS# RX-11011227)

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: 1/29/2026

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

Auction: No List Price/SqFt: 404.48 Listing Date: 2024-08-09 Status: Active Original List Price: 650000 List Price: $650,000 Current Price: $650,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 5 Main Level Bathrooms: 4 Property Condition: Resale SqFt - Total: 1871 Waterfront: No SqFt Source: Other Gated Community: No Covered Spaces: 1 Development Name: Town of Delray Beach / Downtown Delray Beach Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: North Association Deposit: No Directions: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave. Membership Fee Required: No Private Pool: No Type: Single Family Detached Total Bedrooms: 5 Baths - Full: 4 Baths - Total: 4 Year Built: 1927 SqFt - Living: 1607 Garage Spaces: 1 Subdivision: 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 Total Floors/Stories: 1

Location, Tax & Legal

Geo Area: PB06 Country: United States State/Province: FL HOPA: No Hopa Short Sale: Yes Tax Year: 2023 Zoning: Res Short Sale A/U: Unapproved Short Sale Addendum: Yes Taxes: 6197 Special Assessment: No REO: No 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

Office/Member Info

DXORIGMLNO: RX-11011227 DXORIGMLSID: RML

Design

Ranch: 1

Construction

Other: 1

Master Bedroom/Bath

None: 1

Rooms

Storage: 1

Waterfront Details

None: 1

Lot Description

1/4 to 1/2 Acre: 1 Corner Lot: 1

Equip/Appl Included

Range - Electric: 1 Refrigerator: 1 Water Heater - Elec: 1

Cooling

Central: 1 Electric: 1

Heating

Central: 1

Exterior Features

Open Patio: 1

Furnished

Unfurnished: 1

Interior Features

Entry Lvl Lvng Area: 1 Split Bedroom: 1

Flooring

Parquet Floor: 1

Porch/Patio/Balcony

Patio: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Parking

2+ Spaces: 1 Driveway: 1 Open: 1

Pet Restrictions

No Restrictions: 1

Restrict

None: 1

Subdiv. Amenities

Ball Field: 1 Basketball: 1 Bike - Jog: 1 Boating: 1 Cafe/Restaurant: 1 Dog Park: 1 Park: 1 Playground: 1 Pool: 1 Sidewalks: 1 Soccer Field: 1 Tennis: 1 None: 1

Boat Services

Ramp: 1

Terms Considered

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Showing Instructions

Text Listing Agent: 1

Window Treatments

Blinds: 1

Storm Protection

None: 1

Taxes

City/County: 1

Contingencies

3rd Party Approval: 1

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 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
IDX
Last Updated: January - 29 - 2026
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