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  • 821 SW 4th AVE, Delray Beach, FL 33444
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    821 SW 4th AVE, Delray Beach, FL 33444
    821 SW 4th AVE, Delray Beach, FL 33444
    821 SW 4th AVE, Delray Beach, FL 33444
    821 SW 4th AVE, Delray Beach, FL 33444
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    $ 650,000
    Est. payment /mo
    Active Under Contract

    821 SW 4th AVE Delray Beach, FL 33444

    5 Beds

    4 Baths

    1,607 SqFt


    UPDATED:

    Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active Under Contract

    Purchase Type For Sale

    Square Footage 1,607 sqft

    Price per Sqft $404

    Subdivision Town Of Delray Beach / Downtown Delray Beach

    MLS Listing ID R11011227

    Style Ranch

    Bedrooms 5

    Full Baths 4

    Construction Status Resale

    HOA Y/N No

    Total Fin. Sqft 1607

    Year Built 1927

    Annual Tax Amount $6,197

    Tax Year 2023

    Contingent 3rd Party Approval

    Lot Size 0.370 Acres

    Acres 0.37

    Property Sub-Type Single Family Residence

    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 Boat Facilities

    Area 4460

    Zoning Res

    Direction North

    Rooms

    Main Level Bedrooms 5

    Interior

    Interior Features None, Split Bedrooms, Storage

    Heating Central

    Cooling Central Air, Electric

    Flooring Parquet

    Furnishings Unfurnished

    Fireplace No

    Window Features Blinds

    Appliance Electric Range, Electric Water Heater, Refrigerator, Water Heater

    Exterior

    Exterior Feature Outdoor Living Area

    Parking Features Garage, Open

    Garage Spaces 1.0

    Pool Association

    Community Features Boat Facilities

    Utilities Available Sewer Available, Water Available

    Amenities Available Basketball Court, Boating, Dog Park, None, Playground, Park, Pool, Restaurant, Sports Fields, Sidewalks, Tennis Court(s), Trail(s)

    Waterfront Description None

    Water Access Desc Public

    Porch Patio

    Garage Yes

    Private Pool No

    Building

    Lot Description Corner Lot, 1/4 to 1/2 Acre Lot

    Faces North

    Story 1

    Entry Level One

    Sewer Public Sewer

    Water Public

    Architectural Style Ranch

    Level or Stories One

    Structure Type Other

    New Construction No

    Construction Status Resale

    Others

    Pets Allowed Yes

    Senior Community No

    Restrictions No Restrictions

    Tax ID 12434620010110040

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Membership Fee Required false

    Listing Terms Cash, Conventional, FHA, VA Loan

    Special Listing Condition Short Sale

    Pets Allowed No Pet Restrictions, Yes

    Virtual Tour https://www.propertypanorama.com/821-SW-4th-Avenue-Delray-Beach-FL-33444--RX-11011227/unbranded


    BeachesMLS, Inc. (FLR) IDX
    Listed by Matan Morag PA Regency Realty Services

    GET MORE INFORMATION

    Juan & Carolina Vasquez
    Juan & Carolina Vasquez

    +1(201) 819-6735 | movewithvasquez@gmail.com

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    821 SW 4th AVE