- MLS#: R11011227 ( Residential )
- Street Address: 821 4th Avenue
- Viewed: 93
- Price: $650,000
- Price sqft: $347
- Waterfront: No
- Year Built: 1927
- Bldg sqft: 1871
- Bedrooms: 5
- Total Baths: 4
- Full Baths: 4
- Garage / Parking Spaces: 1
- Days On Market: 68
- Additional Information
- Geolocation: 26 / -80
- County: PALM BEACH
- City: Delray Beach
- Zipcode: 33444
- Subdivision: Town Of Delray Beach / Downtow
- Provided by: Regency Realty Services
- DMCA Notice
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Atlantic Gardens Delray
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Bellehaven Unit A
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Delray
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Delray Bch Resub Blk 29 In
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Delray Manor Add
Delray Resub Of Blk 72 And W P
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Delray Town
Delray Town Of
East Delray Beach
Estates Mango De Paris
Grove Estates
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Grove The Delray
High Acres 1st Add
High Acres 3rd Add
Jefferson Manor
Lake Eden Sub
Lake Eden Sub 3
Lake Ida
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Lake Ida Gardens Amended Pl
Lake Ida Manor Add 1
Lake Ida Mnr
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Lakeview Heights Delray U
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Monroe
Northridge
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Plumosa Park Sec A B & D
Plumosa Park Sec A, B & D In
Plumosa Park Sec A, B And D
Pt Of Sub
Ridgewood Heights
Rosemont Park Delray
S E Oneal
S/d
S/d Of 17-46-43 In
S/d Of 8-46-43
S/d Of 8-46-43, S 1/2 Of E 1/2
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Seacrest Park
Seacrest Park In
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Sundy & Tenbrook
Sundy & Tenbrook Add To Delray
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Swinton Heights D B
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Tourist Nook Delray
Tourist Nook Delray In
Town Of Delray
Town Of Delray Beach / Downtow
Town Of Delray S 50 Ft Of N 20
Tropic Palms
Tropic Palms 1
Tropic Palms 2
PRICED AT ONLY: $650,000
Address: 821 4th Avenue, Delray Beach, FL 33444
Would you like to sell your home before you purchase this one?
Description
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 Location and Similar Properties
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Building and Construction
- Flooring: Parquet
Land Information
- Lot Features: Corner Lot
Garage and Parking
- Parking Features: Garage, Open
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Central Air, Electric
- Electric: Three Phase
- Heating: Central
- Pets Allowed: No Restrictions, Yes
- Sewer: Public Sewer
- Utilities: Sewer Available, Water Available
Amenities
- Association Amenities: Pool, Baseball/Softball Field, Basketball Court, Boating, Cafe/Restaurant, Dog Park, Jogging Path, Park, Playground, Sidewalks, Soccer Field, Tennis Court(s), None
Finance and Tax Information
- Tax Year: 2023
Other Features
- Appliances: Electric Water Heater, Electric Range, Refrigerator
- Furnished: Unfurnished
- Interior Features: Bedroom Layout - Split, Storage
- Legal Description: SUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11
- Parcel Number: 12434620010110040
- Style: Ranch
- Views: 93
- Zoning Code: Res



