Delray Beach, FL 33444 821 SW 4th Avenue
$515,000
7 more
Presented By: Regency Realty Services
Home Details
APPROVED 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!
Presented By: Regency Realty Services
General for 821 SW 4th Avenue
Area4460
AuctionNo
Development NameTown of Delray Beach / Downtown Delray Beach
Geo AreaPB06
Geo Lat26.449017
Geo Lon-80.076733
HOANone
Legal DescriptionSUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11
Property TypeC
REONo
Short SaleYes
StatusActive
StyleSingle Family
SubdivisionTown of Delray Beach / Downtown Delray Beach
Tax Year2023
Taxes$6,197
Terms ConsideredCash, Conventional, Other
TypeSingle Family Detached
Utilities AvailableCable, Electric, Municipal Sewer, Public Water, Trash Removal
Virtual TourClick here
ZoningRes
Exterior for 821 SW 4th Avenue
Ground CoverGrassed
ImprovementsHome
Lot Description1/4 to 1/2 Acre
Lot Dimensions140' x 114'
RoadsCity/County Maint.
TreesOther
WaterfrontNo
Additional Details
Price History
Ethel (Vena) Symonette, MAS
Realtor®
