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Delray Beach Corner Lot Opportunity
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821 SW 4th Ave, Delray Beach, FL 33444

Large corner lot with redevelopment and rental income potential.

Property SizeContact for details
Lot Size0.37 Acres
Days on Market703

Property Features for 821 SW 4th Ave

General Information

Standard status Active
Lot size 0.37 Acres
Property subtype Land
Listing Agency: Regency Realty Services
Listed By: Matan Morag · License #SL3124553
Source: Crexi
Added: Sep 9, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regency Realty Services

Investment Insights

Based on property information with market context.

This property features a 16,030 square foot corner lot, measuring 140 feet by 114 feet, and includes an existing single-family home with three bedrooms and two 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 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. The property is located 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 Homeowners Association (HOA). The property is located in an Opportunity Zone and the Delray Beach Community Redevelopment Agency (CRA) District. Short-term rentals are a possibility.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

1,603
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large corner lot with redevelopment and rental income potential.
Where is this residential land & home lot located?
The property is located at 821 SW 4th Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $650,000.
(561) 706-0095 Call to check price and availability
More about this property
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