821 4th Avenue, Delray Beach, FL, 33444
821 4th Avenue, Delray Beach, FL, 33444Basics
- Listing updated: February 04, 2026 at 9:16 am
- Days on Сomwire: 114
- Status: Active
- Date added: November 17, 2025 at 11:53 pm
- Est. Taxes: $6,197
- For Sale: No
- For Lease: No
- Listing Office Name: Regency Realty Services
Description
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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!
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Location
- County: Palm Beach
- Subdivision: Town of Delray Beach / Downtown Delray Beach
- Street Direction: SW
- State: FL
- City / Department: Delray Beach
- 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
- Zoning: Res
- Land Use: Single Family
- Parcel ID: 12434620010110040
- Utilities: Cable, Electric, Municipal Sewer, Public Water, Trash Removal
- Development Status: Recorded Plat
Site Details
- Lot SqFt: 16030.00
- Lot Dimensions: 140' x 114'
- Improvements: Home
- Utilities On Site: Cable,Electric,Municipal Sewer,Public Water
- Front Exp: North
- Lot Description: 1/4 to 1/2 Acre
- Roads: City/County Maint.
- Ground Cover: Grassed
Building Details
- Type: Single Family Detached
- Docs Available: Survey
Additional Info
- Listing Agent: Matan Morag
- Listing Agent Phone: (561) 706-0095
- Listing Office: Regency Realty Services
- MLS ID: RX-11011239
- MLS Source: Realtor Association of the Palm Beaches (RAPB)