821 SW 4th Avenue
Delray Beach, FL 33444
0.37Acre(Lot)
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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 140' x 114' Lot Size Acres: 0.37 Lot Size Square Feet: 16,030 Lot Description: CentralBusinessDistrict,CityLot,QuarterToHalfAcreLotProperty Information
Subdivision: Town of Delray Beach / Downtown Delray Beach Source Property Type: Land Property SubType: Unimproved Land Direction Faces: North
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Listing Price Information
Listing Price: $650000Cash, Conventional, Other
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Tax Information
Parcel Number: 12434620010110040 Tax Year: 2023 Annual Tax: $6197 Tax Legal Desc: SUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11
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Homeowners Association Information
Association Amenities: BeachAccess
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Utility Information
CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable -
Location Information
Direction: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 302-358 NE 4th Street, Delray Beach, FL, 33444 | $22,000,000 | -- | -- | -- | 1.92 Acres(Lot) |
| 514 (LOT 12) NE 3rd Ave.., Delray Beach, FL, 33444 | $1,000,000 | -- | -- | -- | 0.15 Acre(Lot) |
| 514 (LOT 13) NE 3rd Ave.., Delray Beach, FL, 33444 | $1,000,000 | -- | -- | -- | 0.15 Acre(Lot) |
| 514 NE 3rd Avenue, Delray Beach, FL, 33444 | $1,795,000 | -- | -- | -- | 0.30 Acre(Lot) |
| 506 NE 3rd Avenue, Delray Beach, FL, 33444 | $1,850,000 | -- | -- | -- | 0.20 Acre(Lot) |
| 229 NE 5th Street, Delray Beach, FL, 33444 | $1,850,000 | -- | -- | -- | 0.19 Acre(Lot) |
| 338 SE 1st Avenue, Delray Beach, FL, 33444 | $849,000 | -- | -- | -- | 0.18 Acre(Lot) |
| 101 SE 1st Street, Delray Beach, FL, 33444 | $5,000,000 | -- | -- | -- | 0.30 Acre(Lot) |
| 201 NE 1st Avenue, Delray Beach, FL, 33444 | $3,895,000 | -- | -- | -- | 0.38 Acre(Lot) |
| 1303 NE 2nd Avenue, Delray Beach, FL, 33444 | $1,695,000 | -- | -- | -- | 0.35 Acre(Lot) |
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ByOwner last updated this listing 08/03/2026 @ 06:46
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