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821 SW 4th Avenue Delray Beach FL 33444 MLS #RX-11011227

There are multiple listings for this address:
821 SW 4th Avenue
Delray Beach, FL, 33444
$650,000
5 Beds
4 Bathrooms
1,871 SqFt
0.37 Acres
Add
Add
$650,000
821 SW 4th Avenue
Delray Beach, FL, 33444
MLS #RX-11011227 image #0MLS #RX-11011227 image #1MLS #RX-11011227 image #2MLS #RX-11011227 image #3MLS #RX-11011227 image #4MLS #RX-11011227 image #5MLS #RX-11011227 image #6MLS #RX-11011227 image #7MLS #RX-11011227 image #8MLS #RX-11011227 image #9MLS #RX-11011227 image #10MLS #RX-11011227 image #11

Project Description

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!

Financial

Investment results for buyers and agents

Property Details

Price:
$650,000
MLS #:
RX-11011227
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Detached
Subdivision:
Town of Delray Beach / Downtown Delray Beach
Listed Date:
Aug 9, 2024
Finished Sq Ft:
1,871
Lot Size:
16,030 sqft / 0.37 acres (approx)
Short SaleTown Of Delray Beach / Downtown Delray BeachTown Of Delray Beach / Downtown Delray BeachNone

Schools

Interior

Exterior

Development Name
Town of Delray Beach / Downtown Delray Beach
Homeowners Assoc
None

de todo

Map

821 SW 4th Avenue
Delray Beach, FL
821 SW 4th Avenue
Delray Beach, FL, 33444
$650,000
Beds
0 Bathrooms
SqFt
0.37 Acres
Add
Add
$650,000
821 SW 4th Avenue
Delray Beach, FL, 33444
MLS #RX-11011239 image #0MLS #RX-11011239 image #1MLS #RX-11011239 image #2MLS #RX-11011239 image #3MLS #RX-11011239 image #4MLS #RX-11011239 image #5MLS #RX-11011239 image #6MLS #RX-11011239 image #7MLS #RX-11011239 image #8MLS #RX-11011239 image #9MLS #RX-11011239 image #10MLS #RX-11011239 image #11

Project Description

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!

Financial

Taxes
$6,197

Investment results for buyers and agents

Property Details

Price:
$650,000
MLS #:
RX-11011239
Status:
Active
Baths:
0
Type:
Land
Subtype:
Single Family Detached
Subdivision:
Town of Delray Beach / Downtown Delray Beach
Listed Date:
Aug 9, 2024
Lot Size:
16,030 sqft / 0.37 acres (approx)
Short SaleTown Of Delray Beach / Downtown Delray BeachTown Of Delray Beach / Downtown Delray BeachNone

Schools

Interior

Exterior

Development Name
Town of Delray Beach / Downtown Delray Beach
Homeowners Assoc
None
Lot Description
1/4 to 1/2 Acre

de todo

Map