$650,000
5 beds4 baths1,607 sqft|R11011227 MLS#821 SW 4th Ave, Delray Beach, FL 33444
Single Family Residence
Residential
Built in
1927
Lot size
16,117 sqft
Price/sqft
$404
HOA
None
Listed by: Matan Morag PA 561-706-0095, Regency Realty Services 561-394-4600
Preferred Brokerage Partner
Kinsfolk Signature Realty
What's special
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!
Map
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Facts & features
Bedrooms & bathrooms
- •Bedrooms:5
- •Bathrooms:4
- •Full bathrooms:0
Heating
- •Has Heating:Yes
Interior area
- •Total structure area:1,607 sqft
- •Total interior livable area:1,607 sqft
Parking
- •Parking features:N/A
- •Garage spaces:0
- •Has attached garage:No
Lot
- •Size:16,117 sqft
Details
- •Parcel number:N/A
Type & style
- •Home type:Single Family Residence
- •Property subtype:Residential
Materials
- • N/A
Condition
- •Year built:1927
Contact agent
Price history
| Date | Event | Price |
|---|---|---|
| 2024-08-09T00:00:00.000Z | Listed for sale | $650,000$404/sqft |
Preferred Brokerage Partner
Kinsfolk Signature Realty
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