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!
Address: 821 SW 4th Avenue, Delray Beach FL 33444
City: Delray Beach
State/County: Palm Beach County
Zip: 33444
Country: United States
Property Id: 6131564
Price: $ 650,000
Property Size: 1,607 ft2
Property Lot Size: 0 ft2
Rooms: 3
Bedrooms: 5
Bathrooms: 4
ApprovalStatus: Unapproved
ArchitecturalStyle: Ranch
AssociationAmenities: Basketball Court, Bike/Jog Path, Boat Dock, Community Pool, None, Pool, Private Pool, Tennis Court(s)
BathroomsFull: 4
BathroomsHalf: 0
BathroomsTotalDecimal: 4
BridgeModificationTimestamp: 2026-09-08T22:05:17.099Z
BuildingAreaTotal: 1871
BuildingAreaUnits: Square Feet
BuildingFeatures: Tennis Court
CommunityFeatures: Tennis, Boating, None, Pool, Sidewalks, Tennis Court(s)
ConstructionMaterials: Other
Contingency: 3rd Party Approval
ContractStatusChangeDate: 2026-05-22
Cooling: Central Air, Electric
CoveredSpaces: 1
CurrentFinancing: Cash
DaysOnMarket: 544
DirectionFaces: North
Directions: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
Electric: 3 Phase Electric
ExpirationDate: 2026-05-31
Flooring: Parquet
Furnished: Unfurnished
GarageSpaces: 1
Heating: Central
IDXParticipationYN: 1
Inclusions: Community Boat Ramp, Community Ramp, Ramp
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
Levels: 1
ListAOR: BeachesMLS
ListAgentDirectPhone: 561-706-0095
ListAgentEmail: [email protected]
ListAgentFullName: Matan Morag
ListAgentKey: 8244a788f6c66d14b899c02f9e3502ed
ListAgentMlsId: FLL276518167
ListAgentOfficePhone: 561-394-4600
ListAgentStateLicense: 3124553
ListOfficeKey: 8d6ab812551fec52bce1d2c8352e2267
ListOfficeMlsId: FLL607162
ListOfficeName: Regency Realty Services
ListOfficePhone: 561-394-4600
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2024-08-09
ListingId: R11011227
ListingKeyNumeric: 399451859
ListingTerms: All Cash, Conventional, FHA, FHA 203K, VA Loan
LivingAreaUnits: Square Feet
LotFeatures: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
LotSizeSquareFeet: 16030
LotSizeUnits: Square Feet
MIAMIRE_LPAmtSqFt: 404.4804
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 404.48
MIAMIRE_SubdivisionInformation: Boating, No Subdiv/Park Info, Community Pool, Sidewalks, Community Tennis Courts
MLSAreaMajor: Town Of Delray Beach / Dow
MajorChangeTimestamp: 2026-05-22T19:05:47.000Z
MajorChangeType: Active Under Contract
MlsStatus: Active With Contract
ModificationTimestamp: 2026-09-08T22:01:17.870Z
OffMarketDate: 2026-05-22
OffMarketTimestamp: 2026-05-22T04:00:00.000Z
OnMarketDate: 2024-08-09
OriginalEntryTimestamp: 2024-08-09T23:58:57.000Z
OriginalListPrice: 650000
OriginatingSystemID: miamire
OriginatingSystemKey: miamire
OriginatingSystemName: Miami Association of REALTORS®
OtherExpense: 0
OtherStructures: Livable
ParcelNumber: 12434620010110040
ParkingFeatures: 1 Space, Open, Parking Garage
ParkingTotal: 1
PatioAndPorchFeatures: Patio
PendingTimestamp: 2026-05-22T04:00:00.000Z
PetsAllowed: Yes
PhotosChangeTimestamp: 2026-06-05T19:34:54.415Z
PhotosCount: 20
PoolFeatures: Community
PreviousListPrice: 515000
PriceChangeTimestamp: 2025-11-18T04:04:09.000Z
Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
ShowingInstructions: Appointment Only, Text Agent Phone Number
SourceSystemKey: 399451859
SpecialListingConditions: Short Sale
StateOrProvince: FL
StatusChangeTimestamp: 2026-05-22T19:05:47.000Z
Stories: 1
StoriesTotal: 1
StreetDirPrefix: SW
StreetName: 4th
StreetNumber: 821
StreetNumberNumeric: 821
StreetSuffix: Avenue
StructureType: House
SyndicationRemarks: 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!
TaxAnnualAmount: 6197
TaxLegalDescription: SUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11
TaxYear: 2023
Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available
WaterSource: Public
WindowFeatures: Blinds, Verticals
YearBuilt: 1927
YearBuiltDetails: Resale
Zoning: Res
storage
Has Cooling System
Has Pool
Storage
Split Bedroom
Has Garage
Has Heating System
Open Parking
Electrical Utility Available
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