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821 SW 4th Ave

Delray Beach FL 33444

5
4
1
1871 sq. ft.
16030 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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

5 bedrooms
4 bathrooms
1 carspace
1 garage space
1871 sq. ft. floor area
16030 sq. ft. lot size
Single-Family

Property history for 821 SW 4th Ave

2020
Sold
$170,000
21 Sep 2020 by Pearl Markfield, of Berkshire Hathaway HomeServices Florida Realty (Delray Beach, 33483)
2001
Sold
$67,000
23 Jul 2001 by Matan Morag PA, of REGENCY REALTY SERVICES

Happy sellers in Delray Beach

90%
90% of sellers in Delray Beach reported that their sale price either exceeded or met their price expectations.

Delray Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Delray Beach over the last 12 months.

Local market activity for 5 bedroom single-family properties in Delray Beach

In the last 12 months, 26 five-bedroom single-family properties similar to 821 SW 4th Ave, have been sold.

This represents a 15% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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