APPROVED SHORT-SALE! PROFORMA 10-11% CAP RATE! Downtown Delray

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Home For Sale

821 SW 4th Avenue

Delray Beach, Florida 33444

Palm Beach County

Community: Town of Delray Beach / Downtown Delray Beach

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$650,000 5 br, 4.0 bath 1607 sq. ft. 0.000 acres

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!

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 1607
  • Year Built: 1927
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central
  • Garage: Driveway, Open
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Other
  • Roof: 
  • Property Taxes: $6,197
  • MLS #: RX-11011227
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Contact Information:
Beach Home For Sale in Delray Beach, Florida
Listing Agent: Matan Morag, Regency Two Realty Services DBA Regency Realty Services, 561-706-0095, 561-394-4600 Listing Site, Listing Status: Active
Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5250739
Viewed 74 times.
Updated: Nov 17, 2025

This property is a Home located at 821 SW 4th Avenue, Delray Beach, Florida 33444, and is currently For Sale at $650,000. This Home has 5 bedrooms, 4.0 baths, 1607 sq ft.