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$650,000

821 4 Ave

Delray Beach, FL
ActiveUnderContract
5
Bedrooms
4
Bathrooms
1,871
Square Feet
0.37
Lot Size (acres)
1927
Year Built
799
Days On Market

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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Listing Information

Listing Updated
24 days ago
Listed By
Matan Morag PA, 5617060095 · Regency Realty Services, 5613944600
MLS#
R11011227
Source
Beaches MLS
Status
ActiveUnderContract

Facts & Features

Location

Community Information

Address
821 SW 4 Ave, Delray Beach, FL 33444
City
Delray Beach
County
Palm Beach
Neighborhood
Town of Delray Beach / Downtown Delray Beach
Zip Code
33444

Architecture

Bedrooms
5
Bathrooms
4
Stories
1
Year Built
1927
Style
Ranch
Construction Materials
Other
Building Area
1,871 sq. ft.
Levels
One
Garage
Yes
Garage Spaces
1
Parking Features
Garage, Open

Features & Amenities

Interior Features
Storage
Appliances
Electric Range, Electric Water Heater, Refrigerator, Water Heater
Flooring
Parquet
Patio and Porch
Patio
Cooling
Central Air, Electric
Heating
Central

Property Features

Lot Size
0.37 Acres
Lot Features
Corner Lot
Water
Public
Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Square Footage

Total
1,607 sq. ft.

Tax & Financial Information

List Price
$650,000
Annual Taxes
$6,197
Association Amenities
Playground, Pool, Tennis Court(s), Trail(s), Park, None, Basketball Court, Dog Park, Boating

Schools

100/100
Pine Grove Elementary School
Elementary · Grades PK–05 · 0.2 mi
City
Delray Beach
Students
437
Parent reviews
1.0★ avg · 2 reviews
Student body
82% Black · 12% Hispanic / Latino · 4% White
Free/reduced lunch
97%
Phone
(561) 266-1100
56/100
S. D. Spady Elementary School
Elementary · Grades PK–05 · 1.4 mi
City
Delray Beach
Students
459
Student body
43% Black · 27% White · 22% Hispanic / Latino
Free/reduced lunch
47%
Phone
(561) 454-7800
53/100
Carver Middle School
Middle · Grades 06–08 · 2.4 mi
City
Delray Beach
Students
910
Parent reviews
3.0★ avg · 4 reviews
Student body
75% Black · 16% Hispanic / Latino · 6% White
Free/reduced lunch
92%
Phone
(561) 638-2100
52/100
Career Academy Of The Palm Beaches
High · Grades 09–12 · 2.7 mi
City
Boynton Beach
Students
73
Student body
44% Black · 33% White · 19% Hispanic / Latino
Free/reduced lunch
66%
Phone
(561) 259-1000
51/100
Atlantic High Adult Education Center
Grades AE–AE · 1.6 mi
City
Delray Beach
Phone
(561) 243-1520
50/100
Tomorrow's Promise Community School
Grades 09–12 · 1.8 mi
City
Delray Beach
Phone
(561) 266-2206
50/100
Excel Leadership Academy
Grades 09–12 · 1.9 mi
City
Delray Beach
Phone
(561) 279-1354
50/100
Plumosa School Of The Arts
Elementary · Grades PK–08 · 2.8 mi
City
Delray Beach
Students
626
Student body
60% Black · 19% Hispanic / Latino · 18% White
Free/reduced lunch
79%
Phone
(561) 330-3900

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/09/2024Listed for sale$650,000

Listed by Matan Morag PA · Regency Realty Services · 5613944600

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Beaches MLS. All rights reserved.

Last Updated: September 23, 2026 at 11:55 AM | Source: Beaches MLS | MLS#: R11011227

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