Delray Beach, FL 33444,821 SW 4th AVE
Delray Beach, FL 33444,821 SW 4th AVE
Delray Beach, FL 33444,821 SW 4th AVE
Delray Beach, FL 33444,821 SW 4th AVE
Delray Beach, FL 33444,821 SW 4th AVE
Delray Beach, FL 33444,821 SW 4th AVE
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Galen Walter

Galen Walter

+1(828) 329-9213
Listed by Regency Realty Services
$ 650,000
Est. payment | /mo

0.37 Acres Lot

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$ 650,000
Est. payment | /mo
Save Virtual Tour

0.37 Acres Lot

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Subdivision Town Of Delray Beach / Downtown Delray Beach

MLS Listing ID RX-11011239

HOA Y/N No

Annual Tax Amount $6,197

Tax Year 2023

Lot Size 0.368 Acres

Property Sub-Type Single Family Detached

Property 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!

Location

State FL

County Palm Beach

Community Town Of Delray Beach / Downtown Delray Beach

Area 4460

Zoning Res

Exterior

Utilities Available Cable, Electric, Municipal Sewer, Public Water

Exposure North

Building

Lot Description 1/4 to 1/2 Acre

Others

Acceptable Financing Cash, Conventional, Other

Horse Property No

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Virtual Tour https://www.propertypanorama.com/821-SW-4th-Avenue-Delray-Beach-FL-33444--RX-11011239/unbranded

Galen Walter

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(828) 329-9213

galen@haven.realty

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821 SW 4th AVE