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$650,000
Delray Beach, FL 33444
Estimated payment $3,862/month
no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

HomeTrino Realty
Preferred partner
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!
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 2025-11-17T00:00:00.000Z | Listed for sale | $650,000$404/sqft |
Matan Morag PA
Regency Realty Services
Brokerage Phone: 561-394-4600
Source: Beaches MLS · MLS #R11011227
Data Powered by Home Junction, Inc.
PINE GROVE ELEMENTARY SCHOOL
Elementary · 0.2 mi
VILLAGE ACADEMY ON THE ART & SARA JO KOBACKER CAMPUS
Elementary · 0.7 mi
S. D. SPADY ELEMENTARY SCHOOL
Elementary · 1.4 mi
Publix
0.5 mi
Whole Foods Market
0.7 mi
Maxo Supermarket
0.7 mi
Gelato Petrini
0.4 mi
Carrabas
0.4 mi
Delivery On the Way
0.5 mi
Atlantic Dunes Park
1.1 mi
Anchor Park
1.1 mi
Veterans Park
1.2 mi
Delray Municipal Beach
1.3 mi
Delray Public Beach
3.8 mi
Spanish River Beach
4.4 mi
Nearby amenity locations include data © OpenStreetMap contributors.