BEDS5
BATHS4 full
SQUARE FEET1,871
MLS#R11011227
STATUS(Short Sale) - Active
PROPERTY TYPEResidential - Single Family
SUBDIVISIONTown of Delray Beach - Downtown Delray Beach
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!
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Electric
Garage: 1
Heating: Central
Home Style: Ranch
Lot Size: 0.37 Acres
Stories: 1.0
Taxes: $6,197
Year Built: 1927
Amenities
Bedroom Layout - Split
Storage
Feature Descriptions
Appliances: Electric Water Heater, Electric Range, Refrigerator, Water Heater
Association Amenities: Boating, Basketball Court, Dog Park, Jogging Path, None, Park, Playground, Pool, Tennis Court(s), Baseball/Softball Field, Cafe/Restaurant, Sidewalks, Soccer Field
Days on Site: 616
Flooring: Parquet
Furnished: Unfurnished
Lot: Corner Lot
Lot: Corner Lot
Parcel#: 12434620010110040
Parking: Open, Garage
Parking Notes: Open, Garage
Patio/Porch: Patio - Open, Patio
Pets Allowed: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
SQFT Living: 1607
Total Rooms: 3
Utilities: Sewer Available, Water Available
Utilities: Sewer Available, Water Available
Water: Public
Waterfront Features: None
Windows: Blinds
Room Sizes
Living Room: 1 X 1 Level Main
Kitchen: 1 X 1 Level Main
Primary Bedroom: 1 X 1 Level Main
Listed By / Shown By
Listed By
Agency Name: Regency Realty Services
Agency Phone: 561-394-4600
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 2,152.62 per month $1,446.62 Principal & Interest $516.42 Property Tax $189.58 Homeowner's Insurance
821 SW 4th Avenue | MLS# R11011227
This single family home located at 821 SW 4th Avenue, Delray Beach, FL 33444 is currently listed for sale with an asking price of $650,000. This property was built in 1927 and has 5 bedrooms and 4 full baths with 1871 sq. ft. SW 4th Avenue is located in the Town of Delray Beach - Downtown Delray Beach subdivision. Search Town Of Delray Beach - Downtown Delray Beach real estate on www.realty100.com today.