$515,000
UNDER CONTRACT $135K PRICE DROP

821 SW 4th Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated payment $3,211/month

Total Views 19,122
5 Beds
4 Baths
1,607 Sq Ft
$320 Price per Sq Ft

Highlights

  • Boat Ramp
  • Corner Lot
  • Tennis Courts
  • 16,030 Sq Ft lot
  • Community Pool
  • Patio

About This Home

APPROVED 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 Agent

Matan Morag

Regency Realty Services License #3124553 Listed on: 08/09/2024

Regency Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,197

Year Built

  • Built in 1927

Lot Details

  • 0.37 Acre Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Interior Spaces

  • 1,607 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Parquet Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434620010110040

Community Details

Overview

  • Town Of Delray Beach / Do Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,197

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
  • Year Built: 1927
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: 4236
  • Stories: 1

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Parquet
  • Living Area: 1607.0
  • Dining Room Type: Storage Room
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Corner Lot
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Other
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Driveway, Open, Two or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Other, Pool, Tennis Court(s), Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434620010110040
  • Lot Size: 1/4 to 1/2 Acre,Corner L
  • Lot Size Sq Ft: 16030.0
  • Zoning Description: Res

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6197.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,519 $281,096 -- --
2023 $6,197 $255,542 $222,762 $202,093
2022 $5,294 $232,311 $0 $0
2021 $4,501 $211,192 $84,000 $127,192
2020 $3,708 $197,235 $75,000 $122,235
2019 $3,522 $191,875 $65,400 $126,475
2018 $3,144 $175,024 $56,001 $119,023
2017 $2,853 $147,309 $46,667 $100,642
2016 $2,583 $106,931 $0 $0
2015 $2,408 $97,210 $0 $0
2014 $2,201 $88,373 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2025 06/26/25 Price Changed $515,000 -20.8% $320 / Sq Ft
08/09/2024 08/09/24 For Sale $650,000 +282.4% $404 / Sq Ft
09/21/2020 09/21/20 Sold $170,000 -38.2% $157 / Sq Ft View Prior Sale
08/22/2020 08/22/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $275,000 -- $254 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $170,000 Attorney
Warranty Deed $67,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,900 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R11011227

BeachesMLS

APN: 12-43-46-20-01-011-0040

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

821 SW 4th Ave, Delray Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Nearby Homes
Matan Morag
Listing Agent
Matan Morag
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Regency Realty Services
(561) 781-5250