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Delray Beach Corner Lot Opportunity

821 SW 4th Avenue, Delray Beach, FL 33444

For Sale
$650,000
Under Contract

Land, Delray Beach, FL

Property SizeContact for details
Lot Size0.37 Acres
Days on Market824

Property Features for 821 SW 4th Avenue

General Information

Property type Land
Property subtype Other
Zoning Res
Vegetation Grassed
Subdivision Town of Delray Beach / Downtown Delray Beach
Lot features Home
Directions South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
Special listing conditions Short Sale
Standard status Active Under Contract
APN 12434620010110040
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2023
Tax 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
Tax Annual Amount 6197
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

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: Regency Realty Services
Listed By: Matan Morag PA · License FL #3124553
Added: Aug 9, 2024 Changed: Oct 28 Last Checked: Nov 10 at 4:06AM
MLS# R11011239

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This property features a 16,030 square foot corner lot (140ft x 114ft) with an existing single-family home. The main house includes 3 bedrooms and 2 bathrooms, a garage, and two additional efficiency/studio units. Located in downtown Delray Beach, it presents several potential options including: redevelopment to build one or two homes, each with lots of 8,000+ square feet; adding or building an Accessory Dwelling Unit (ADU); combining the house into a large interior space; or rehabbing and maintaining the existing floor plan to rent out all three spaces, with a proforma 10-11% cap rate. The property is near Swinton Avenue, approximately one mile from the beach, and offers a spacious yard. It is within walking distance to Swinton/Atlantic Avenue and downtown. There is no HOA. The property has short-term rental potential and is located in an Opportunity Zone and the Delray Beach CRA District.

Key Highlights

  • Proforma 10‑11% CAP Rate
  • 16,030 sq ft Corner Lot (140ft x 114ft)
  • Redevelopment Opportunity: Build 1 or 2 Homes

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store Fish Market Tattoo & Piercing Shop Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,368
Businesses Nearby

Demographics for 33444, FL

22,671
Population
10,469
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
84%
High-School Grad
5.0 sq mi
ZIP Area
4,534
Density / Sq Mi
$74,803
Median Household Income
$37,915
Median Earnings
$1,712
Median Rent
$425,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Delray Beach

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Land - Large corner lot with redevelopment and rental income potential.
Where is this land located?
The property is located at 821 SW 4th Avenue Delray Beach, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Proforma 10‑11% CAP Rate; 16,030 sq ft Corner Lot (140ft x 114ft); Redevelopment Opportunity: Build 1 or 2 Homes
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