821 SW 4th Avenue
Delray Beach, FL 33444
16,030Sqft(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
Features
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Lot Information
Main Square Feet: 16030 Lot Size Acres: 0.368 Lot Size Square Feet: 16,030 Lot Description: QuarterToHalfAcreLotProperty Information
Subdivision: Town of Delray Beach / Dow Source Property Type: Land MLS Area Minor: Palm Beach 4220a; 4230b; 4360a; 4370b Zoning Description: Res Property SubType: Unimproved Land Direction Faces: North
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Listing Price Information
Listing Price: $650000Cash, Conventional
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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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Utility Information
CableAvailable, ElectricityAvailable, WaterAvailable, SewerAvailable -
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 |
|---|---|---|---|---|---|
| W Atlantic Avenue, Delray Beach, FL, 33444 | $15,000,000 | -- | -- | -- | 20,331 Sqft(Lot) |
| 506 NE 3rd Avenue, Delray Beach, FL, 33444 | $1,850,000 | -- | -- | -- | 8,882 Sqft(Lot) |
| 229 NE 5th Street, Delray Beach, FL, 33444 | $1,850,000 | -- | -- | -- | 8,264 Sqft(Lot) |
| 1303 NE 2nd Avenue, Delray Beach, FL, 33444 | $1,675,000 | -- | -- | -- | 15,317 Sqft(Lot) |
| 302-358 NE 4th Street, Delray Beach, FL, 33444 | $22,000,000 | -- | -- | -- | 83,635 Sqft(Lot) |
| 403 SW 5th Avenue, Delray Beach, FL, 33444 | $399,900 | -- | -- | -- | 6,432 Sqft(Lot) |
| 338 SE 1st Avenue, Delray Beach, FL, 33444 | $849,000 | -- | -- | -- | 7,963 Sqft(Lot) |
| 10 SW 4th Avenue, Delray Beach, FL, 33444 | $4,250,000 | -- | -- | -- | 14,377 Sqft(Lot) |
| 201 NE 1st Avenue, Delray Beach, FL, 33444 | $3,895,000 | -- | -- | -- | 16,553 Sqft(Lot) |
| 514 NE 3rd Avenue, Delray Beach, FL, 33444 | $1,795,000 | -- | -- | -- | Acres (Lot)-- |
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ByOwner last updated this listing 06/16/2026 @ 18:09
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