Downtown Delray, 821 SW 4th Ave

Own in Downtown Delray?
5
Beds
4
Baths
1,607
SqFt
$404
$/SqFt
High-End House
Built in 1927
1 Parking
Ranch
Outdoor Living Area
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!
MLS Number: R11011227
On Site: 790 Days
Updated: 16 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 5
Bathrooms
  • Bathrooms: 4
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: OutdoorLivingArea
Interior, Heating and Cooling
  • Interior Features: None, SplitBedrooms, Storage
  • Equipment / Appliances: ElectricRange, ElectricWaterHeater, Refrigerator, WaterHeater
  • Heating Description: Central
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Parquet
  • Windows/Treatment: Blinds
  • Year Built: 1927
  • Style: Ranch
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2024-08-09T15:58:57.000-00:00
    • Directions: North
    • Pets Allowed: NoPetRestrictions, Yes
    Taxes, Fees & More
    • Taxes: 6197
    • Parking Description: Garage,Open
    • Total Floors in Building: 1

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    Price History

    Current
    $650K
    High
    $650K
    Low
    $515K
    Total Change
    0%
    $666K$583K$499KAug 24Jun 25Nov 25
    Date
    Event
    Price
    Change
    Price Per
    11/16/2025
    Price Increased
    $650K
    26.21%
    $404 ft2
    $4,354 m2
    06/25/2025
    Price Reduced
    $515K
    -20.77%
    $320 ft2
    $3,450 m2
    08/09/2024
    Listed
    $650K
     
    $404 ft2
    $4,354 m2
    11/16/2025
    $650K
    Event
    Price Increased
    Change
    26.21%
    Price Per
    $404 ft2
    $4,354 m2
    06/25/2025
    $515K
    Event
    Price Reduced
    Change
    -20.77%
    Price Per
    $320 ft2
    $3,450 m2
    08/09/2024
    $650K
    Event
    Listed
    Price Per
    $404 ft2
    $4,354 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Matan Morag • Regency Realty Services • Buyer Agency Compensation .

    Transit & Commute from Downtown Delray

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    44
    Traffic score
    Congested area. Frequent traffic delays
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    Scores

    Walk Score®
    Very Walkable. Most errands can be accomplished on foot
    86

    100
    Bike Score®
    Bikeable. Some bike infrastructure
    65

    100
    Sound Score®
    Very loud
    66

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    44

    100
    Local Score
    Limited local amenities nearby
    4

    100
    Community Snapshot
    Studio – 6 BR
    Bedrooms
    $265K – $5M
    Price Tier
    638 - 6,560
    SqFt Range
    1960
    Year Build
    1
    Total Floors

    Subdivision Amenities

    None
    Pool
    Sidewalks

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