821 Sw 4th Avenue, Delray Beach, FL 33444
- $650,000
- 5
- BD
- 4
- BA
- 1,607
- SqFt
- List Price
- $650,000
- Days on Market
- 651
- MLS#
- R11011227
- Short Sale
- Yes
- Year Built
- 1927
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 1,607
- Lot Size
- 16,030
- Acres
- 0.37
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!
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Additional Information
- Taxes
- $6,197
- Community Features
- Town Of Delray Beach / Dow
- Property Description
- House
- Zoning
- Res
- Interior Features
- Split Bedroom, Storage
- Appliances
- Electric Water Heater, Electric Range, Refrigerator
- Utilities
- Sewer Connected, Water Connected, Sewer Available, Water Available
- Heating
- Central
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Other
- Pool Type
- Community
- Garage Spaces
- 1
Listing Courtesy Of Regency Realty Services, Contact: