Active Under Contract

821 SW 4th Avenue, Delray Beach, FL 33444

Delray Beach, FL

$650,000

Scroll to Discover

5
Bedrooms
4
Bathrooms
1,871
Square Feet
0.37
Acres
1927
Year Built

Corner Lot Redevelopment Opportunity in Downtown Delray Beach

This 1927 ranch on a 16,030 square foot corner lot sits within the Town of Delray Beach, roughly one mile from the beach and walking distance to the Atlantic Avenue and Swinton Avenue corridors. The parcel measures approximately 140 feet by 114 feet, making it one of the larger assemblable lots remaining in the downtown core, and it falls within both the Delray Beach CRA District and a designated Opportunity Zone.

Property Profile

  • Lot Dimensions: Approximately 140 ft x 114 ft corner lot
  • Lot Area: 16,030 sq ft (0.37 acres)
  • Configuration: Main house (3BR/2BA), garage, two efficiency units
  • Year Built: 1927
  • Overlay Districts: Delray Beach CRA District, Opportunity Zone
  • HOA: None
  • Community: Town of Delray Beach, Downtown

Photo Gallery

Complete Specifications

Property Sub TypeSingle Family Residence
SubdivisionTown of Delray Beach / Downtown Delray Beach
Year Built1927
Architectural StyleRanch
Total Square Feet1,871 sq ft
Square Feet Under Air1,607 sq ft
Bedrooms5
Full Baths4
Half Baths0
CoolingCentral Air, Electric
HeatingCentral
Garage Spaces1
Lot Size0.37 acres
PoolNone
CommunityTown of Delray Beach / Downtown Delray Beach
ViewNone
WaterfrontNone
Association FeeNone
Tax Annual Amount$6,197
Tax Year2023
MLS Status Active Under Contract
Last Updated May 31, 2026
Listed Date August 9, 2024
Days on Market 544
Data Source BeachesMLS BeachesMLS
MLS Number R11011227
Listing Brokerage Regency Realty Services
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!

INTERESTED IN THIS PROPERTY?

Schedule a private showing.

Or share your full brief and we will identify similar opportunities - including properties not yet on the market.

Contact Us →
Contact Palm Beach Luxury

821 SW 4th Avenue, Delray Beach, FL 33444

Delray Beach, FL 33444

Get Directions

Market Intelligence

The asking price is just the starting point. We track every transaction in Palm Beach County: what sold, for how much, and why. Request our analysis for 821 SW 4th Avenue, Delray Beach, FL 33444 and see where this property stands.

Comparable sales with full transaction details
Micro-market pricing trends

Request Our Assessment

Comparable transactions and market context for this property.

Or call directly: __PHONE__

Discover Delray Beach

Delray BeachHomes for Sale
Florida’s Village by the Sea
Delray Beach

Delray Beach
Homes for Sale

Walkable Atlantic Avenue, two miles of public beach, and a range of property types from oceanfront estates to Intracoastal waterfront homes. One of the few South Florida markets where downtown energy and beach access overlap.

Explore Delray Beach Guide

Schedule a Private Showing

Experience this residence firsthand. We'll arrange a tour at your convenience.

Request Showing

Or call directly: __PHONE__