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Eddy Sua

[email protected] +1(561) 213-7653

Listed by Regency Realty Services

$ 650,000

Est. payment -/mo

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Active

821 SW 4th AVE Delray Beach, FL 33444

0.37 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Subdivision Town Of Delray Beach / Downtown Delray Beach

MLS Listing ID RX-11011239

HOA Y/N No

Annual Tax Amount $6,197

Tax Year 2023

Lot Size 0.368 Acres

Property Sub-Type Single Family Detached

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!

Location

State FL

County Palm Beach

Community Town Of Delray Beach / Downtown Delray Beach

Area 4460

Zoning Res

Exterior

Utilities Available Cable, Electric, Municipal Sewer, Public Water

Exposure North

Building

Lot Description 1/4 to 1/2 Acre

Others

Association Rules No

Acceptable Financing Cash, Conventional, Other

Horse Property No

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Virtual Tour https://www.propertypanorama.com/821-SW-4th-Avenue-Delray-Beach-FL-33444--RX-11011239/unbranded

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 12

9

Banyan Creek Elementary School

Public | PK - 5
8

S. D. Spady Elementary School

Public | PK - 6
5

Plumosa School of the Arts

Public | KG - 5
3

Orchard View Elementary School

Public | PK - 5
1

Pine Grove Elementary School

Public | PK - 5
0

Bar & Ferg's Academy

Private | KG - 3
0

Daughter of Zion Junior Academy

Private | PK - 7
0

Trinity Lutheran School

Private | PK - 8
0

Trinity Evangelical Lutheran Chrch of del Ray Bch

Private | PK - 8
0

St Vincent Ferrer School

Private | PK - 8
0

Unity School

Private | PK - 8
0

St Joseph's Episcopal School

Private | PK - 8

Middle Schools 2

4

Carver Community Middle School

Public | 6 - 8
0

Igeneration Empowerment Academy

Public | 6 - 12

High Schools 5

4

Atlantic Community High School

Public | 9 - 12
0

Elev/8 Preparatory Academy

Private | 9 - 12
0

Toussaint L'Ouverture High School

Public | 9 - 12
0

Tomorrow's Promise Community School

Public | 9 - 12
0

Gulfstream L.I.F.E. Academy

Public | 9 - 12

School and business data provided by Attom Data.

Eddy Sua

Broker | License ID: 3246138

+1(561) 213-7653

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