Downtown Delray, 821 SW 4th Ave

515,00026.21%
$650,000
0.37
Acre
Status
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
686 Days
Updated
35 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

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Price History

Current
$650K
High
$650K
Low
$515K
Total Change
0%
$666.2K$582.5K$498.8KAug 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 MoragRegency Realty Services • Buyer Agency Compensation .

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Community Snapshot
Studio to 6 BR
Bedrooms
$315K to $3.9M
Price Tier
638 - 6,560
SqFt Range
1960
Year Build
1
Total Floors
N/A
Total Units
N/A
Total Sales

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