LOT SIZE 0.368 acres
MLS#R11011239
STATUS(Short Sale) - Active
PROPERTY TYPELand - Residential
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: Land - Residential
Lot Size: 0.37 Acres
Taxes: $6,197
Feature Descriptions
Days on Site: 616
Lot: Home
Lot: Home
Lot Dimensions: 140' x 114'
Parcel#: 12434620010110040
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water: Public
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# R11011239
This land located at 821 SW 4th Avenue, Delray Beach, FL 33444 is currently listed for sale with an asking price of $650,000. The property has approximately 0.37 Acres. Search Delray Beach real estate on www.realty100.com today.