Delray Beach, FL 33444 821 SW 4th Avenue

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Presented By: Regency Realty Services
  • MLS# R11011227
  • 08/09/2024
  • Request Tour
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  • Beds • 5
  • Baths • 4
  • SQFT • 1,607
  • Garage • 1

Home Details

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

Interior Features for 821 SW 4th Avenue

Bedrooms

Main Level Bedrooms5
Total Bedrooms5

Bathrooms

Half Baths0
Main Level Bathrooms4
Total Baths4

Other Interior Features

Air Conditioning Y/NYes
FlooringParquet
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesNone, Split Bedrooms, Storage
Total Stories1
Window FeaturesBlinds

General for 821 SW 4th Avenue

AppliancesElectric Range, Electric Water Heater, Refrigerator, Water Heater
Architectural StyleRanch
Association AmenitiesBasketball Court, Boating, Dog Park, None, Playground, Park, Pool, Restaurant, Sports Fields, Sidewalks, Tennis Court(s), Trail(s)
CityDelray Beach
Community FeaturesBoat Facilities
Construction MaterialsOther
Contingency3rd Party Approval
CoolingCentral Air, Electric
CountyPalm Beach
DirectionsSouth Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
Electric3 Phase
Facing DirectionNorth
Full Baths4
Garage Spaces1
Garage Y/NYes
HeatingCentral
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
LevelsOne
MLS Area4460
New ConstructionNo
Patio/Porch FeaturesPatio
Pets AllowedNo Pet Restrictions, Yes
Pool FeaturesAssociation
PostalCityDelray Beach
Property ConditionResale
Property Sub Type AdditionalSingle Family Residence
Property SubtypeSingle Family Residence
Property TypeResidential
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count1
Subdivision NameTown of Delray Beach / Downtown Delray Beach
Tax Annual Amount6197
Tax Year2023
Total Rooms3
UtilitiesSewer Available, Water Available
Virtual TourClick here
Waterfront FeaturesNone
Year Built1927

Exterior for 821 SW 4th Avenue

Building Area Total1871
Covered Spaces1
Exterior AmenitiesOutdoor Living Area
Lot FeaturesCorner Lot, 1/4 to 1/2 Acre Lot
Lot Size Acres0.37
Lot Size Area16030
Parking FeaturesGarage, Open
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Chryst Jimenez

Realtor®
Price $650,000
MLS#R11011227
List Date 08/09/2024
Property Type Single Family
Phone 754.777.3133
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