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Land in Delray Beach, FL 33444
Downtown Delray, 821 SW 4th Ave

Share
$650,000
Estimate Payment $3,803Closing Costs
Beds
0.37
Acre
$1,756,757
$/Acre
High-End Land
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: R11011239
On Site: 773 Days
Updated: 1 Days ago
Page Views: 0

Features

All features
  • Current Use: SingleFamily
  • Approx SqFt Total Area: 16030
  • Property SqFt: 16030
  • Remarks: 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!
  • REO: ShortSale
  • Internet Remarks: 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!
  • Waterfront: No info
  • Directions: North
  • Days on Market: 543
  • Compass Point: SW
  • Office Name: Regency Realty Services
  • Taxes: 6197
  • Tax Year: 2023
  • Listing Date: 2024-08-09T16:25:06.000-00:00
  • Lot Size Square Feet: 16030

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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%
$41 ft2
$436 m2
06/25/2025
Price Reduced
$515K
-20.77%
$32 ft2
$346 m2
08/09/2024
Listed
$650K
 
$41 ft2
$436 m2
11/16/2025
$650K
Event
Price Increased
Change
26.21%
Price Per
$41 ft2
$436 m2
06/25/2025
$515K
Event
Price Reduced
Change
-20.77%
Price Per
$32 ft2
$346 m2
08/09/2024
$650K
Event
Listed
Price Per
$41 ft2
$436 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 .

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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
86
100
Bike Score®
Bikeable. Some bike infrastructure
67
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
$299K – $5M
Price Tier
638 - 6,560
SqFt Range
1960
Year Build
1
Total Floors

Subdivision Amenities

Racket
Racket
Trails
Trails
None
Pool
Sidewalks

Delray Beach
High-End
 High-End Homes & Condos

Downtown Delray Communities in Delray Beach, FL

Mid-Tier
Mid-Tier 1
Entry-Level
Entry-Level 1
Inactive Segment
Inactive Segment 1
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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