Downtown Delray, 821 SW 4th Ave Land in Delray Beach, FL 33444
0.37
AcreStatus
Backup
A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Size
0.37 Acres (1,489 m2)
Price
$1,756,757/Acre ($436/m2)
Type
Land
MLS Number
R11011239
On Site
666 Days
Updated
14 Days ago
Page Views
0
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 addit... Read more
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
Apples-to-Apples Comparables
Price History
11/16/2025
Date
Price Increased
Event
$650K
Price
26.21%
Change Rate
$41 ft2 / $436 m2
Price Per
06/25/2025
Date
Price Reduced
Event
$515K
Price
-20.77%
Change Rate
$32 ft2 / $346 m2
Price Per
08/09/2024
Date
Listed
Event
$650K
Price
$41 ft2 / $436 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 .
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