Residential Land for Sale in Delray Beach, Florida
821 SW 4th Ave, Delray Beach, FL 33444
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
- Street address
- 821 SW 4th Ave
- County
- Palm Beach County
- Community
- Town of Delray Beach / Downtown Delray Beach
- Elevation
- 20 feet
Directions
South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
Property details
- Lot size
- 0.37 acres16,117 sq ft
- Zoning
- Res
- MLS #
- RMLS R11011239
- Posted
Property taxes
- 2023
- $6,197
Parcels
- 12434620010110040
Legal description
SUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11
Details and features
Listing
- Type
- Land
- Conditions
- Short Sale
- Franchise
- Independent
Lot
- Vegetation
- Grassed
- Features
- Home
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 5, 2026 | New listing | $650,000 | — | RMLS |
| Mar 13, 2026 | Listing removed | $650,000 | — | Listing agent |
| Nov 18, 2025 | New listing | $650,000 | — | RMLS |
| Aug 10, 2025 | Listing removed | $515,000 | — | Listing agent |
| Aug 1, 2025 | Relisted | $515,000 | — | RMLS |
| July 29, 2025 | Listing removed | $515,000 | — | Listing agent |
| June 27, 2025 | New listing | $515,000 | — | RMLS |
| Feb 28, 2025 | Listing removed | $650,000 | — | Listing agent |
| Aug 10, 2024 | New listing | $650,000 | — | RMLS |