821 SW 4th Avenue, Delray Beach, FL 33444
$650,000 · 5 beds, 4 baths, 1,607 square feet · Active Under Contract
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!
Listing courtesy of Regency Realty Services, the listing brokerage. MLS number R11011227.
Show full MLS disclaimer
Miami MLS. Listings courtesy of MIAMI REALTORS® MLS (SEFMLS). The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® (Southeast Florida Multiple Listing Service, SEFMLS). Real estate listings held by brokerage firms other than Winslow Homes LLC are marked with the name of the listing brokerage. IDX information is 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. The data is deemed reliable but is not guaranteed accurate by the MLS, and all information should be independently verified. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) as of October 20, 2026 at 3:35 AM Eastern.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.
Properties displayed may be listed or sold by various participants in the MLS.