Homes for sale - 821 SW 4th AVE, Delray Beach, FL 33444

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Dennis Lue Yat

dennis@luxeiqgroup.com +1(561) 571-1425

Listed by Regency Realty Services

$515,000

Est. payment - /mo

5 Beds

4 Baths

1,607 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,607 sqft

Price per Sqft $320

MLS Listing ID RX-11011227

Style Ranch

Bedrooms 5

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1927

Annual Tax Amount $6,197

Tax Year 2023

Lot Size 0.368 Acres

Property Sub-Type Single Family Detached

Governing Bodies None

Property Description

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!

Location

Subdivision Town Of Delray Beach / Downtown Delray Beach

State FL

County Palm Beach

Community Town Of Delray Beach / Downtown Delray Beach

Area 4460

Zoning Res

Rooms

Other Rooms Storage

Master Bath None

Interior

Interior Features Entry Lvl Lvng Area, Split Bedroom

Heating Central

Cooling Central, Electric

Flooring Parquet Floor

Furnishings Unfurnished

Exterior

Exterior Feature Open Patio

Parking Features 2+ Spaces, Driveway, Open

Garage Spaces 1.0

Utilities Available Electric, Public Sewer, Public Water

Amenities Available Ball Field, Basketball, Bike - Jog, Boating, Cafe/Restaurant, Dog Park, None, Park, Playground, Pool, Sidewalks, Soccer Field, Tennis

Waterfront Description None

Water Access Desc Ramp

Exposure North

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre, Corner Lot

Story 1.00

Foundation Other

Construction Status Resale

Others

Pets Allowed Yes

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, FHA, VA

Horse Property No

Membership Fee Required No

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Pets Allowed No Restrictions

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Dennis Lue Yat

+1(561) 571-1425

Broker | SL3301099

Broker SL3301099

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821 SW 4th AVE Delray Beach, FL 33444

Dennis Lue Yat

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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