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!
For sale
Price cut: $135K (6/26)
$515,000
821 SW 4th Avenue, Delray Beach, FL 33444
5beds
1,607sqft
Est.:
Single Family Residence
Built in 1927
0.37 Acres Lot
$-- Zestimate®
$320/sqft
$-- HOA
What's special
Spacious yardCorner lotEnormous lotEfficiency units
- 365 days
- on Zillow |
- 1,655 |
- 80 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 04:45am
Listed by:
Matan Morag 561-706-0095,
Regency Realty Services
Source: BeachesMLS,MLS#: RX-11011227
Originating MLS: Beaches MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Storage
Primary bedroom
- Level: M
- Area: 1 Square Feet
- Dimensions: 1 x 1
Kitchen
- Level: M
- Area: 1 Square Feet
- Dimensions: 1 x 1
Living room
- Level: M
- Area: 1 Square Feet
- Dimensions: 1 x 1
Heating
- Central
Cooling
- Central Air, Electric
Appliances
- Included: Electric Range, Refrigerator, Electric Water Heater
Features
- Entry Lvl Lvng Area, Split Bedroom
- Flooring: Parquet
- Windows: Blinds
Interior area
- Total structure area: 1,871
- Total interior livable area: 1,607 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: 2+ Spaces, Driveway, Open
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Open Patio
- Pool features: Community
- Waterfront features: None
Lot
- Size: 0.37 Acres
- Features: 1/4 to 1/2 Acre, Corner Lot
Details
- Parcel number: 12434620010110040
- Zoning: Res
- Special conditions: Short Sale
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Other
Condition
- Resale
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Ball Field, Basketball, Bike - Jog, Boating, Cafe/Restaurant, Dog Park, None, Park, Playground, Sidewalks, Soccer Field, Tennis Court(s)
- Subdivision: Town Of Delray Beach / Downtown Delray Beach
Location
- Region: Delray Beach
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $458,987
- Annual tax amount: $6,197
- Date on market: 8/9/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
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