South Florida
Downtown Delray, 821 SW 4th Ave, Delray Beach, FL 33444
650,000(-20.77% )
$515,000Price
5Beds
4Baths
1,607SqFt
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Details
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Status:
Backup
Parking: 1
Size: 1,607 SqFt (149 m2)
Price: $320/SqFt ($3,450/m2)
Type: Single Family Home
Built: 1927
MLS Number: R11011227
On Site: 355 Days
Updated: 2 Days ago
Page Views: 0
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!
Features
Bedrooms
- Bedrooms: 5
Bathrooms
- Bathrooms: 4
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Patio
Interior, Heating and Cooling
- Interior Features: SplitBedrooms
- Equipment / Appliances: ElectricRange, ElectricWaterHeater, Refrigerator
- Heating Description: Central
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: Parquet
- Windows/Treatment: Blinds
- Year Built: 1927
- Year Built Description: Resale
- Style: Ranch
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Garage: 1
- Listing Date: 2024-08-09T14:58:57.000-00:00
- Pets Allowed: Yes
Taxes, Fees & More
- Taxes: 6197
- Parking Description: Driveway, Open, TwoOrMoreSpaces
- Total Floors in Building: 1
Price History
06/25/2025
Date
Price Reduced
Event
$515K
Price
-20.77%
Change Rate
$320 ft2 / $3,450 m2
Price Per
08/09/2024
Date
Listed
Event
$650K
Price
$404 ft2 / $4,354 m2
Price Per
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 .
Instant Comps
$100/ft²
$600/ft²
$1,300/ft²
$2,000/ft²
Unit 821 SW 4th Ave – Asking
$320/ft²
(-32%) from Closed Medium $/ft²
Closed Medium $/ft²
$474/ft²
Community $/Price Range (Closed) $186/ft² – $1885/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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