Home in 821 SW 4th Avenue, Delray Beach, FL 33444 for sale with MLS# R11011227

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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821 SW 4th Avenue, Delray Beach, FL 33444

Price
Price:
$650,000.00
Original List Price:
$650,000.00
List Price per Sq Ft (Calculated, Approx.):
$404.48
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Special Sale Conditions:
Short Sale
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
May 22, 2026 3:05 pm
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
4
Full Bath:
4
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Measures
Living Area:
1,607 Sqft
Built-Up Area:
1,871 Sqft
Lot Area:
16,117.20 Sqft
Building Area Source:
Other
Lot Features:
Corner Lot
Lot Size Acres:
0.37
Property Features
Waterfront:
No
Furnished:
Unfurnished
Appliances:
Refrigerator, Electric Range, Electric Water Heater, Water Heater
Interior:
Storage, Bedroom Layout - Split
Patio and Porch:
Patio, Patio - Open
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central
Boat and Dock Features:
Ramp
Property Entrance Faces:
North
Construction
Year Built:
1927
Architectural Style:
Ranch
Levels:
Two
Entry Level Location:
Entry Level Living Area Y
Construction Materials:
Other
Flooring:
Parquet
Number of stories:
1
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,197.00
Tax Year:
2023
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Open
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Sewer Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Amenities Provided by the Homeowner's Association (HOA):
Pool, Playground, None, Tennis Court(s), Basketball Court, Park, Sidewalks, Dog Park, Boating, Cafe/restaurant, Jogging Path, Soccer Field, Baseball/softball Field
Subdivision Name:
Town of Delray Beach / Downtown Delray Beach
Senior Community:
No
Development Name:
Town of Delray Beach / Downtown Delray Beach
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Occupant Type:
Tenant Occupied
Zoning and Legal
Tax Legal Description:
SUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11
Real Estate Folio Number (Parcel Number):
12434620010110040
Zoning:
Res
Listing History
Active on the market since:
November 17, 2025
Listing Agreement executed on:
August 9, 2024
Purchase Contract Date:
May 22, 2026
Price change occurred on:
November 17, 2025 11:04 pm
Listing Status Last Changed On:
May 22, 2026 3:05 pm
Photos updated on:
June 30, 2025 9:30 pm
Last Modified:
May 31, 2026 1:05 am
Additional Information
Courtesy of:
Regency Realty Services
Attribution:
Not provided
Location
Street Name:
4th
Street Number:
821
City:
Delray Beach
State:
Florida
Zip Code:
33444
County:
Palm Beach
Latitude:
N26° 26' 56.5''
Longitude:
W81° 55' 23.8''
Street Suffix:
Avenue
Street Direction Prefix:
SW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $74,803
Median Home Value $425,200
Median Rent $1,712/mo
Median Age 41
Population 23,231

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This listing can also be located in the MLS system as RX-11011227
Association of REALTORS®
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